$TF1.$ The objective of foreign exchange rate protection is to anticipate and

influence the effect of unexpected changes in foreign exchange rates on a

firm's future cash flows.

$T$ F $2.$ One goal of foreign exchange rate protection is to minimize foreign

exchange rate management costs.

T F $3.$ A forward contract is an example of a balance sheet hedge.

T F $4.$ Varying the leasing currency is an example of an operational hedge.