Which of the following is true?

Question 7 options:

	Non-U.S. firms can obtain equity financing in the U.S. only by using Yankee stock offerings.
	If you expect the euro to depreciate, it would be appropriate to buy a euro put option for speculative purposes.
	Speculators who expect the peso will decline buy futures contracts on pesos.
	The writer (seller) of a call option is obligated to buy the underlying currency from the buyer of the option at the specified strike price if the option is exercised.