A ________ involves simultaneously borrowing and lending activities in two different currencies to lock in the currency's value of a future foreign currency cash flow.

Question 17 options:

a)	currency option

b)	money-market hedge

c)	currency collar

d)	forward contract

Question 18 (1 point)

Which one of the following would NOT be a suggested element for an effective exposure management strategy?

Question 18 options:

a)	ensure that the corporate objectives a consistent with maximizing shareholder value

b)	avoid the use of forward contracts where possible

c)	formulate corporate objectives

d)	determine the types of exposure to be monitored