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For Questions 1 - 1 0 , indicate whether the following statements are True or FalseA large portion of the mortgage payment goes towards the

For Questions 1-10, indicate whether the following statements are True or FalseA large portion of the mortgage payment goes towards the principal, during the early life of a mortgage loan.1)T FIf the dollar is initially worth 120 yen and then the exchange rate changes so that the dollar is now worth 115 yen, the value of the yen has depreciated.A drop in value of the dollar hurts U.S. importers and helps U.S. exporters, ceteris paribus.3) FThe writer of a put option on stock benefits if the underlying stock price rises.4TFutures contracts are marked to market daily.5) TFThe maximum profit for a call buyer is equivalent to the premium on the optionThe maximum loss for a put writer can be infinite7)TFIf one currency in an exchange rate appreciates by 50% then the other currency has depreciated by 50%As volatility increases for a particular stock, the price of both its call and put options decrease, ceteris paribus.8) T F9) TEForward Contracts are marked to market daily.10)T FIf the Dollar per Riyal ratio falls, the value of the Riyal has risen

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