Question 1 Assume that you are the vice president of a commercial bank. With less than 100 words each, comment on the following statements made by your customer Caesar Lee who is the CEO of an investment company in Hong Kong. (a) Currency futures are useless to control the exchange rate risk faced by my company for our share investments in Germany." (6) It is absurd that using currency options could lead to an upgrade in the credit rating of my firm. (c) Swap is a safe business to the bank, why your bank taking risk-management measures while providing swap facilities to my company?" (d) If derivative markets lack of speculators, the market would be less efficient. Question 1 Assume that you are the vice president of a commercial bank. With less than 100 words each, comment on the following statements made by your customer Caesar Lee who is the CEO of an investment company in Hong Kong. (a) Currency futures are useless to control the exchange rate risk faced by my company for our share investments in Germany." (6) It is absurd that using currency options could lead to an upgrade in the credit rating of my firm. (c) Swap is a safe business to the bank, why your bank taking risk-management measures while providing swap facilities to my company?" (d) If derivative markets lack of speculators, the market would be less efficient