answer the following questions

a- Briefly discuss the empirical evidence for the effect of exchange rate uncertainty on the risk of foreign investment.

b-Briefly discuss if exchange rate changes would always increase the risk of foreign investment

c-Briefly discuss the condition under which exchange rate changes may actually reduce the risk of foreign investment

d-The $/CD spot bid-ask rates are $0.7560-$0.7625. The 3-month forward points are 12-16. Determine the $/CD 3-month forward bid-ask rates

e-The current spot exchange rate is $1.55/ and the three-month forward rate is $1.50/. You enter into a short position on 1,000. At maturity, the spot exchange rate is $1.60/. Calculate how much you have made or lost.