2. Please answer with care and attention to all questions. Explain as much as you can...

70.2K

Verified Solution

Question

Finance

2. Please answer with care and attention to allquestions. Explain as much as you can to help me understand. Thankyou
QUESTION 13
The primary participants in foreign exchange markets are
individual households
small firms
large corporations
small governments
6.6667 points
QUESTION 14
Floating exchange rate regimes typically have less exchange raterisk than fixed exchange rate regimes.
True
False
6.6667 points
QUESTION 15
You observed the following quotes between Canadian dollars (C$),euros (€) and Swiss francs (CHF) on 3/1/XX:
C$1=€.90, C$.70/CHF
On 3/2/XX, quotes for each currency were as follows: C$1.15=€1,C$.75/CHF
You converted 600,000 Swiss francs into euros on 3/1. On 3/2 youconverted your euros back to Swiss francs. How many francs wouldyou have on 3/2? Round intermediate steps to four decimals.
715,555.56
665357.14
246,521.74
579,587.4

Answer & Explanation Solved by verified expert

4.3 Ratings (669 Votes)

question no 13 answer The primary participant of foreign markets are 1 Commercial Banks 2 Foreign Exchange Broker 3 Central Banks 4Multinational Corporations 5Individuals Small firms Individuals Small firms These use foreign exchange market to facilitate execution of commercial or investment transactionsThe Foreign need of individual small firms is See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Transcribed Image Text

2. Please answer with care and attention to allquestions. Explain as much as you can to help me understand. ThankyouQUESTION 13The primary participants in foreign exchange markets areindividual householdssmall firmslarge corporationssmall governments6.6667 points QUESTION 14Floating exchange rate regimes typically have less exchange raterisk than fixed exchange rate regimes.TrueFalse6.6667 points QUESTION 15You observed the following quotes between Canadian dollars (C$),euros (€) and Swiss francs (CHF) on 3/1/XX:C$1=€.90, C$.70/CHFOn 3/2/XX, quotes for each currency were as follows: C$1.15=€1,C$.75/CHFYou converted 600,000 Swiss francs into euros on 3/1. On 3/2 youconverted your euros back to Swiss francs. How many francs wouldyou have on 3/2? Round intermediate steps to four decimals.715,555.56665357.14246,521.74579,587.4

		individual households
		small firms
		large corporations
		small governments