Dash Brevenshure Works for the Currency Trading Unit of ING

question 79

Multiple Choice

Dash Brevenshure works for the currency trading unit of ING Bank in London. He speculates that in the coming months the dollar will rise sharply vs. the pound. What should Dash do to act on his speculation?

• A) Buy a call on the pound.
• B) Sell a call on the pound.
• C) Buy a put on the pound.
• D) Sell a put on the pound.

---

Definitions:

Business Sustainability

refers to the strategies and practices a company employs to manage its environmental, social, and economic impacts while ensuring longevity and success.

International Guidelines

Agreed-upon principles or criteria set by international bodies or agreements to guide actions and policies across nations.

Organisations

Entities comprising multiple people working together towards common goals or objectives, structured to accomplish tasks and achieve efficiency.

Chief Operating Officer

A senior executive responsible for managing the day-to-day administrative and operational functions of a company.