1. If the U.S. government announced that it would allow the dollar to drop in foreign currency markets, the price of a euro put would probably fall.

Ture or False

2. The price of a futures contract that expires immediately is the spot price.

Ture or False

3. The cost of carry includes the interest lost on the funds tied up in the asset stored.

Ture or False

4. American foreign currency calls will never be exercised early.

Ture or False