1a. 1b.

Which one of the following utilizes the most amount of deposits as a source of funds? Banks Credit unions Finance companies Savings associations Venture capital firms A U.S. investor has borrowed dollars, converted them to pounds, and invested in pound-denominated instruments. To cover the currency risk, the investor should sell pounds forward. buy dollars forward. buy pounds forward. sell pounds spot. O None of these choices are correct. Which one of the following utilizes the most amount of deposits as a source of funds? Banks Credit unions Finance companies Savings associations Venture capital firms A U.S. investor has borrowed dollars, converted them to pounds, and invested in pound-denominated instruments. To cover the currency risk, the investor should sell pounds forward. buy dollars forward. buy pounds forward. sell pounds spot. O None of these choices are correct