1. Suppose the Swiss franc is quoted at 1.2945 SF per dollar. How many U.S. dollars does it take to buy one Swiss franc?

2.

In theory, many of the financial concepts discussed relative to domestic corporations are also valid for multinational corporations. However, there are additional factors that are not typically considered by purely domestic firms but that must be considered by firms operating globally. Which of the following does not represent one of these additional factors?

a. Different currency denominations

b. Differences in tax laws among different countries

c. Retaining customers

d. Language and cultural differences

e. Negotiations between host governments that impact the firm's transactions