Define each of the following types of foreign exchange, Financial Management

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Define each of the following types of foreign exchange

1. Define each of the following types of foreign exchange transactions:

a. Sport

b. Outright Forward

c. Forward-forward swaps

2. If the Chinese Yuan has a fixed exchagne rate with the US dollar,

a) Chinese firms have no economic exposure

b) US multinationals have no economic exposure

c) Economic exposure occurs thanks to real exchange rate changes

d) Only Chinese exporting firms have economic exposure

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Financial Management: Define each of the following types of foreign exchange

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Financial Management: Define each of the following types of foreign exchange

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