Which of the Following Statements Is FALSE

question 41

Multiple Choice

Which of the following statements is FALSE?

• A) Currency options allow firms to lock in a future exchange rate; currency forward contracts allow firms to insure themselves against the exchange rate moving beyond a certain level.
• B) Generally speaking, cash-and-carry strategies are used primarily by large banks, which can borrow easily and face low transaction costs.
• C) Currency options, like the stock options, give the holder the right-but not the obligation-to exchange currency at a given exchange rate.
• D) Many managers want the firm to benefit if the exchange rate moves in their favor, rather than being stuck paying an above-market rate.

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Definitions:

Sex Offenses

Legal violations involving non-consensual sexual activities or behavior, subject to criminal penalties and social stigmatization.

Sexual Abuse Offenses

Acts of forcing or coercing someone into unwanted sexual activity, including both physical and non-physical forms, recognized as criminal behavior.

Child Murders

The heinous act of deliberately killing a child, which is considered one of the most severe forms of homicide.

Religious Fundamentalism

A belief system that advocates strict adherence to orthodox theological doctrines, typically asserting the literal interpretation of sacred texts.