Multiple Choice
Which of the following is not an instrument used by U.S.-based MNCs to cover their foreign currency positions?
A) forward contracts.
B) futures contracts.
C) non-deliverable forward contracts.
D) options.
E) all of the above are instruments used to cover foreign currency positions.
Correct Answer:

Verified
Correct Answer:
Verified
Q99: Kalons, Inc. is a U.S.-based MNC that
Q100: Both call and put option premiums are
Q101: Conditional currency options are:<br>A) options that do
Q102: A call option premium has a lower
Q103: If a currency put option is out
Q105: A straddle represents the purchase of either
Q106: Non-deliverable forward contracts (NDFs) are frequently used
Q107: If the futures rate is lower than
Q108: Which of the following are most commonly
Q109: You purchase a call option on pounds