A U.S. firm has $50 million in liabilities and an equivalent amount of assets held in GBP. USD is the firm's local currency. Question 9.Question 12 are based on this description. The firm does not buy or sell any foreign currency. What foreign currency risk is the firm exposed to? You only need to tell the name of the currency. Use the editor to format your answer Question 8 The nature of the risk exposure is Blank 1.(You only need to say it is Positive or Negative.) Blank 1 Add your answer Question 9 What's the amount of risk exposure? (Hint: your answer must be precise in the description) Provide two methods that this firm could hedge the risk. You must use what we discussed in the class. Use the editor to format your answer Question 11 A hypothetical put option on stocks of the company Wizard: the strike price is $30 per share and the option has 1 day to find someone willing to sell the described option at $9 per share. If the market price of Wizard is $20 per share, what coul as a rational trader who wants to maximize profits and minimize risk? (Your answer should be based on what we discusse about option tradeoffs) Use the editor to format your answer Question 12 Do you prefer that public companies should have dual classes of voting rights? It is an open-end question, but you must use we discussed in class to validate your opinion