sorry for that. can u at least answer q14 to q17 or what ever u can Thank u.

(8) How is the Eurobond market used by the FEDEX? (9) Does it appear that the FEDEX issues stock in foreign countries? (Determine if its stock is listed on foreign stock markets.) (10) What are the currencies that the FEDEX uses to conduct its international business? How have the values of these currencies changed in the last year? (To answer this question, review a recent foreign exchange table provided by any business newspaper and another table containing quotations from a year ago.) The answers to this question will be used in later chapters to determine how the firm was affected by changes in the values of these currencies. (11) Does the FEDEX use currency futures or options for its international business? If so, explain how. (12) Does the main foreign currency used by the FEDEX change on a daily basis against the dollar? (To answer this question, review the foreign exchange table for the last two or three issues of any business newspaper.) (13) Does it appear that the FEDEX is concerned about exchange rate movements? Based on this answer, does the FEDEX appear to believe that purchasing power parity holds? Explain. (14) In what way the FEDEX is exposed to exchange rate risk? That is, how were the FEDEX's cash flows recently affected by exchange rate movements according to its annual report? (15) How were the FEDEX's consolidated earnings affected due to the translation exposure according to its annual report? (16) Does the FEDEX hedge any of its transaction exposure? If so, what techniques does the FEDEX use to hedge its transaction exposure? Explain numerically. (17) Does the FEDEX hedge any of its translation exposure? If so, what techniques does it use to hedge its translation exposure? Explain numerically. FEDEX CORPORATION CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (IN MILLIONS) Years Ended May 31, 2020 2019 1,286 S 540 $ 2018 4,572 $ NET INCOME OTHER COMPREHENSIVE LOSS: Foreign currency translation adjustments, net of tax benefit of $18 in 2020. $29 in 2019, and tax expense of $16 in 2018 Amortization of prior service credit and other, net of tax benefits of $25 in 2020, $28 in 2019, and $37 in 2018. (254) (195) (74) (79) (333) 953 $ (92) (287) 253 $ (89 (163) 4,409 COMPREHENSIVE INCOME FEDEX CORPORATION CONSOLIDATED STATEMENTS OF INCOME (IN MILLIONS, EXCEPT PER SHARE AMOUNTS) 2020 Years ended May 31, 2019 $ 69,693 2018 65,450 S 69,217 $ REVENUE OPERATING EXPENSES: Salaries and employee benefits Purchased transportation Rentals and landing fees Depreciation and amortization Fuel Maintenance and repairs Goodwill and other asset impairment charges Business realignment costs Other 25,031 17,466 3,712 3,615 3,156 2,893 435 24,776 16,654 3,360 3,353 3,889 2,834 23,795 15,101 3,361 3.095 3,374 2,622 380 10,492 66.800 2,417 320 10,041 65,227 4,466 9,450 61,178 4,272 OPERATING INCOME OTHER (EXPENSE) INCOME: Interest expense Interest income Other retirement plans (expense) income Other, net (672) 55 (122) (9) (748) 1,669 383 1,286 4.92 4.90 (588) 59 (3,251) (31) (3,811) 655 115 540 (558) 48 598 (7) 81 4,353 (219) 4,572 17.08 16.79 S $ INCOME BEFORE INCOME TAXES PROVISION FOR INCOME TAXES (BENEFIT) NET INCOME BASIC EARNINGS PER COMMON SHARE DILUTED EARNINGS PER COMMON SHARE S 2.06 2.03 $ $ $ B