Concerning the final cash receipts from accounts receivables or final cash needed to settle accounts payable, there is NO uncertainty when a firm employs which of the following hedging strategy (ies)? I. Forward market hedge II. Money market hedge III. Options market hedge IV. Unhedged A) I only B) II only C) I and II D) II and III E) III and IV Translation exposure may also be called _____ exposure. A) transaction B) operating C) accounting D) economic Sakura Corp. is a Japanese MNE that operates in many countries around the world but has little name recognition outside Japan. It has traditionally raised all capital in its home market and therefore has substantial quantities of long-term yen-denominated debt. As a result of its global expansion, the firm now faces substantial long foreign currency positions, particularly in U.S. dollars. It has decided that it wishes to manage this long dollar position by entering into cross-currency interest rate swap to pay dollars and receive yen. Use the following data to answer the questions the follow: Assume that Sakura wants to enter into a 100 million notional principal, three-year maturity currency swap. The current spot exchange rate is 85/$. What is Sakura's dollar interest payment per year (not including principal)? A) $ 40, 588.2 B) $ 38, 235.3 C) $ 7, 058.8 D) $ 4, 705.9