Your firm is a u. s.-based exporter of bicycles. you have sold an order to a french firm for £1,000,000 worth of bicycles. payment from the french firm (in euro) is due in three months. detail a strategy using futures contracts that will hedge your exchange rate risk. have an estimate of how many contracts of what type and how much (in $) your firm will have.

Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)

Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.