Your Firm Is a U

question 38

Multiple Choice

Your firm is a U.S.-based exporter of bicycles. You have sold an order to a French firm for €1,000,000 worth of bicycles. Payment from the French firm (in euro) is due in three months. Detail a strategy using futures contracts that will hedge your exchange rate risk. Have an estimate of how many contracts of what type and how much (in $) your firm will have.

• A)Go short 12 six-month forward contracts; pay $1,290,000.
• B)Go short 16 six-month forward contracts. Pay $1,230,000.
• C)Go long 16 six-month forward contracts; raise $1,230,000.
• D)Go long 12 six-month forward contracts. Receive $1,230,000.

Acknowledge the phenomenon of credential inflation and its implications for students and employers.

Analyze the impacts of educational practices such as tracking and testing on student outcomes.

Understand the historical context and impact of Bill 101 on Québec's citizens.

Comprehend how education can reproduce existing social stratifications.

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Definitions:

Intelligence Test Scores

Quantitative measurements acquired from assessments designed to evaluate cognitive abilities and intellectual potential.

Household Incomes

is the combined gross income of all members of a household who are 15 years old and over, whether related or not.

Positive Correlation

A relationship between two variables where an increase in one variable is associated with an increase in the other, indicating a direct relationship.

Interpersonal Intelligence

Interpersonal intelligence is the ability to understand and interact effectively with others, involving skills such as empathy, communication, and understanding social cues.