Question / 3.33 pts To hedge a foreign currency payable, Sell call options on the foreign currency Buy put options on the foreign currency Buy call options on the foreign currency Sell put options on the foreign currency Question 8 3.33 pts In evaluating the pros and cons of corporate risk management, one argument for corporate hedging is: Firm management has expertise in exchange management. The hedging costs go into someone else's pocket. Shareholders can decide on the level of risk they are comfortable with. Managers will have to deliver good quarterly earnings. Question 9 3.33 pts If management anticipates appreciation of the foreign currency, it may try to increase exposed liabilities may try to increase net exposed assets may select certain asset categories for reduction may try to reduce costs