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Which one of these is a suggested means of reducing short-run exposure to exchange rate risk? Compiling financial statements only in foreign currency terms Utilizing foreign borrowing to fund foreign operations Borrowing domestic currency, exchanging it for foreign currency, and investing it in foreign investments Ensuring any foreign operation requires significant parent company involvement Using a current spot contract to exchange the amount of funds needed John W. has just returned from a long trip to Europe. He started the trip with $6,500 in his pocket. He spent -2,749 traveling throughout euroland, 5,200NK in Norway, and 1,590 in the U.K. The exchange rates were $1 = -8920, 1NKr = $. 1190, and 1 = $1.2580. How many dollars did he have left by the time he returned to the U.S.? O $799.14 O $763.24 O $751.48 O $811.72 O $865.39 Raytheon Corporation is considering an investment project in Canada which has an initial cost of CAD5,700,000. The project is expected to return a one-time payment of CAD8,500,000 three years from now. The risk-free rate of return is 1.9 percent in the U.S. and 2.4 percent in Canada. The inflation rate is 1.8 percent in the U.S. and 2.3 percent in Canada. Currently, you can buy CD136.10 for $100. How much will the payment three years from now be worth in U.S. dollars? $5,764,302 $5,930.215 $6,508,747 O $6,322,410 $6,152,656