The is composed of a collection of nations as members, like the International Monetary Fund (IMF). However, unlike the IMF, it uses the private sector rather than the government sector to achieve its objectives. Select one: O a. World Bank O b. International Financial Corporation (IFC) O c. World Trade Organization (WTO) O d. International Development Association (IDA) O e. Bank for International Settlements (BIS) Assume the following...Swiss investors have francs available to invest in securities, and they initially view U.S. and British interest rates as equally attractive. Now assume that U.S. interest rates increase while British interest rates stay the same. This would likely cause: on Select one: O a. the Swiss demand for dollars to decrease and the dollar will depreciate against the pound. O b. the Swiss demand for dollars to increase and the dollar will depreciate against the Swiss franc. O c. the Swiss demand for dollars to increase and the dollar will appreciate against the Swiss franc. O d. the Swiss demand for dollars to decrease and the dollar will appreciate against the pound. If a foreign currency is expected to depreciate, a logical way to speculate on this forecast is to borrow dollars, convert the proceeds to the foreign currency, lend in the foreign country, and use the proceeds from this investment to repay the dollar loan. Select one: True O False What is the best description of why the World Bank was established? Select one: O a. to enhance development solely in Asia through grants. O b. to enhance economic development through non-subsidized loans (at market interest rates). O c. to enhance economic development through low-interest rate loans (below-market rates) O d. to enhance economic development of the private sector through investment in stock of corporations. Currency call options were purchased by a U.S. MNC to hedge a 90,000 pound () payable. The premium is $0.02 and the exercise price of the option is $0.55. If the spot rate at the time of maturity is $0.58, what is the total amount paid by the corporation if it takes a rational action? Select one: 0 a $47,700 n O b. $52,200 O c. $49,500 O d. $54,000