Question
1-The demand for dollars in the foreign exchange market:a -Depends an part on the foreign demand for US goods b-Depends on US demand fee foreign
1-The demand for dollars in the foreign exchange market:a -Depends an part on the foreign demand for US goods b-Depends on US demand fee foreign goods and services c. Is represented by a point in a diagram of foreign-exchange supply and demand d. is the ratio of the dollars demanded to the amount of foreign currency supplied 2-According to payback period technique, investment is accepted if a-The payback period is greater than the pre-determined period -b. When considering mutually exclusive projects, accept the project with the the longest payback period c-The payback period is less than the pre-determined period d-The payback period is equal to the pre-determined period 3-Economic exposure refers to:a -the exposure of a firm's cash flows to exchange rate fluctuations. b. the exposure of a firm's financial statements to exchange rate fluctuations. -c. the exposure of a firm's local currency value to transactions between foreign exchange traders.-d. the exposure of a firm's ongoing international transac-tions to exchange rate
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