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4. Suppose Super D'Hiver a hypothetical French snowboard retailer wants to order 5,000 snow-boards made in the United States. The price per board is $200,

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4. Suppose Super D'Hiver a hypothetical French snowboard retailer wants to order 5,000 snow-boards made in the United States. The price per board is $200, the present exchange rate is 1 euro : $1, and payment is due in dollars when the boards are delivered in 3 months. Use a numerical example to explain why exchange-rate risk might make the French retailer hesitant to place the order. How might speculators absorb some of Super D'Hiver's risk

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