Which of the Following Statements Regarding Currency Options Is FALSE

question 27

Multiple Choice

Which of the following statements regarding currency options is FALSE?

• A) Firms often prefer forward contracts to currency options if the transaction they are hedging might not take place.
• B) Currency options are another method that firms commonly use to manage exchange rate risk. Currency options, like the stock options, give the holder the right-but not the obligation-to exchange currency at a given exchange rate.
• C) Currency forward contracts allow firms to lock in a future exchange rate; currency options allow firms to insure themselves against the exchange rate moving beyond a certain level.
• 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.

Develop an understanding of both psychophysiological and therapeutic interventions for stress-related disorders.

Explain the impacts of sociocultural factors on health and mental health.

Understand the behaviors and lifestyle choices that can exacerbate stress and lead to health deterioration.

Identify and describe various psychological disorders related to stress, illness, and maladaptive behaviors, including factitious disorders and somatic symptoms disorders.

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Definitions:

Assertive Communication

A communication style characterized by expressing one's thoughts and feelings in a direct, honest, and respectful way.

Communication Style

The manner in which individuals express themselves verbally and nonverbally when interacting with others.

Assertive Communication

A communication style characterized by openly expressing thoughts and feelings while respecting the needs of others.

High Self-Esteem

A positive evaluation of oneself, characterized by confidence and a feeling of self-worth.