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QUESTION 19 Assume you are a French investor. You see that stock for British Airways has a bid price of EUR 36 and an ask

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QUESTION 19 Assume you are a French investor. You see that stock for British Airways has a bid price of EUR 36 and an ask price of EUR 36.5 on the French exchange, a bid price of GBP30 and an ask price of GBP30.1 in Great Britain; and that the EUR/GBP bid-ask rates are 1.20 - 1.25. How much would you gain or lose by buying the stock in France and selling it in Great Britain? A gain of EUR1 A loss of EURO.5 O Again of EUR 43.2 None of the answers is correct. QUESTION 20 In the article, "Stronger dollar weighs on profits," the authors note that U.S. multinational companies tend to suffer when the dollar strengthens since it makes their exports more expensive to overseas buyers and makes their foreign profits smaller when transferred back into the U.S. currency. These observations are examples of the: romnetitive and conversion offerte Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All You M a a Take Test: Midter

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