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both please!! D Question 24 1 pts Which of the following statements is incorrect? All the answers are correct except one. O A Eurodollar is

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D Question 24 1 pts Which of the following statements is incorrect? All the answers are correct except one. O A Eurodollar is defined as a U.S. dollar deposited in a bank outside the United States. According to a British buyer, the lower the dollar price of pounds, the greater the number of pounds that must be given up to obtain dollars to buy foreign goods. The ask quote represents the rate at which the dealer will buy foreign currency from you. If the exchange rate is the price in foreign currency for a dollar, the quote is called an European or indirect quote. Question 25 1 pts Which of the following statements is correct? The spot rate is the cost of buying a foreign currency in the future, three months, six months or more. All the answers are correct. Industry risk refers to the political developments in a country that could affect the cash flows associated with a loan or investment in that country. The decision to accept international projects with a positive NPV increases the value of a firm and it should be consistent with maximizing stockholder wealth. Given that the spot rate is $1.5136/ and the 90-day forward quote is $1.4974/, we can say that the U.S. dollar is expected to depreciate against the Euro in the future

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