When Purchasing and Selling Foreign Currencies to Allow Customers to Take

question 60

Multiple Choice

When purchasing and selling foreign currencies to allow customers to take positions in foreign real and financial investments,the FI

• A)acts defensively as a hedger.
• B)acts aggressively as a speculator.
• C)assumes the FX risk itself.
• D)acts as an agent.

Calculate probabilities using both the binomial formula and approximations like the Poisson approximation.

Analyze and interpret the results within the context of real-world scenarios.

Understand the application of statistical theories such as Tchebysheff's Theorem and the Empirical Rule.

Understand the criteria for a variable to have an approximate binomial distribution.

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