Which of the following describes hearing loss caused by a loss of outer hair cells?   

Which term means “on the same side of the body”?

 To hedge a foreign currency payable,

Which of the following is the anatomical name for “armpit”?

Questions 23-36 are based on the following information: Transaction Exposure Problem: (34 points in total) Suppose that you (i.e., company XYZ) are a US-based importer of goods from Canada. You expect the value of the Canada dollar to increase against the US dollar over the next 6 months. You will be making payment on a shipment of imported goods (CAD100,000) in 6 months and want to hedge your currency exposure. The US risk-free rate is 5% and the Canada risk-free rate is 4% per year. The current spot rate is $1.25/CAD, and the 6-month forward rate is $1.3/CAD. You can also buy a 6-month option on Canadian dollars at the strike price of $1.4 /CAD for a premium of $0.10/CAD. If XYZ uses MMH, the guaranteed dollar cost today should be $ .(please leave 2 decimal points for your answer. Example: 123.23)

 Comment on the following statement from a CFO of a domestic company: “Our main market is in US. Everything is denominated in USD. So our company does not have to worry about foreign exchange rate”. Do you agree or disagree with the above statement? Why or why not? Please explain your reason/argument. 

Questions 23-36 are based on the following information: Transaction Exposure Problem: (34 points in total) Suppose that you (i.e., company XYZ) are a US-based importer of goods from Canada. You expect the value of the Canada dollar to increase against the US dollar over the next 6 months. You will be making payment on a shipment of imported goods (CAD100,000) in 6 months and want to hedge your currency exposure. The US risk-free rate is 5% and the Canada risk-free rate is 4% per year. The current spot rate is $1.25/CAD, and the 6-month forward rate is $1.3/CAD. You can also buy a 6-month option on Canadian dollars at the strike price of $1.4 /CAD for a premium of $0.10/CAD. This is an _________ case for XYZ.  

 An exporter can shift exchange rate risk to their customers by

GE Transportation just sold locomotives to a Chinese importer. The payment of $80 million is due in six months, then

 The hedging strategy that Nike’s shoes are primarily made in Malaysia, Philippines, Indonesia, Vietnam now instead of China compared with 10 years ago is an example of _________.