Please answer any four (out of five) questions. To get full marks in a quantitative question you must show all calculations and formula used. Question 1: 20 marks (a)Discuss how invoicing and lead and lagging can be used to deal with exchange rate risk. (8 marks) (b) Briefly explain how transaction, economic and translation exposures differ from each other. (6 marks) (c) Explain briefly what actions can be taken to manage transaction and economic exposures. (6 marks) Question 2: 20 II Proctorio is sharing your screen. Stop sharing Hide X