Please show the work for calculation type questions

1) Simpson Sign Company based in Frostbite Falls, Minnesota has a 6-month C$100,000 contract to complete sign work in Winnipeg, Manitoba, Canada. The current spot rate is $1.01/C$ and the forward rate is $1.02/C$. Under conditions of equilibrium, management would use ________ today when preparing operating budgets.

A) $102,000

B) $101,000

C) $100,000

D) none of the above

2) Brimmo Motorcycles Inc., a U.S.-based firm, manufactures and sells electric motorcycles both domestically and internationally. A sudden and unexpected depreciation of the U.S. dollar should allow sales to ________ at home and ________ abroad. (Assume other factors remain unchanged.)

A) increase; increase

B) decrease; decrease

C) increase; decrease

D) decrease; increase

3) A ________ occurs when two business firms in separate countries arrange to borrow each other's currency for a specified period of time.

A) natural hedge loan

B) forward loan

C) currency switch loan

D) back-to-back loan

4) Recently the British Pound suffered an unexpected depreciation in value. Which of the following actions being considered by Coventry Furniture of London, a purely domestic furniture manufacturer and retailer, would be considered a highly unlikely response to the depreciation of the pound?

A) Coventry might choose to maintain its domestic sales prices constant in pound terms.

B) Coventry might try to raise domestic prices because competing imports are now priced higher in England.

C) Coventry might increase revenue because competing imports are now priced higher in England.

D) none of the above

5) A Canadian firm with a U.S. subsidiary and a U.S. firm with a Canadian subsidiary agree to a parallel loan agreement. In such an agreement, the Canadian firm is making a/an ________ loan to the ________ subsidiary while effectively financing the ________ subsidiary.

A) indirect; U.S.; Canadian

B) indirect; Canadian; U.S.

C) direct; U.S.; Canadian

D) direct; Canadian; U.S.