【单选题】To account for a forward contract cash flow hedge of a foreign currency denominated asset or liability at initiation date requires which of the following?
A.
1. Recognize the transaction (sale or purchase) and foreign currency denominated asset or libility 2. Recognize option as an asset (purchase price is fair value)
B.
1. No entry related to the firm commitment (zero value) 2. No entry related to forward contract (zero fair value)
C.
1. Recognize the transaction (sale or purchase) and foreign currency denominated asset or liability 2. No entry related to forward contract (zero fair value)
D.
1. Recognize the transaction (sale or purchase) 2. Recognize the option as a liability
E.
1. None. No journal entry is required.
【单选题】On December 1, 2018, Keenan Company, a U.S. firm, sold merchandise to Velez Company of Canada for 150,000 Canadian dollars (CAD). Collection of the receivable is due on February 1, 2019. Keenan purcha...
A.
te Spot rate Option premium
B.
cember 1,2018 $0.97 $0.05
C.
cember 31,2018 $0.95 $0.04
D.
bruary1,2019 $0.94 $0.03
E.
mpute the fair value of the foreign currency option at December 1, 2018.
【单选题】Except for ( ), the following foreign exchange transactions can be used by companies whose foreign exchange receipts and payments are in the future to hedge against exchange rate risk.
【单选题】A U.S. export company scheduled to receive 1 million pounds six months from today can hedge its foreign exchange risk by:
A.
Buying today 1 million pounds in the forward market for delivery in six months
B.
Buying 1 million pounds in the spot market for delivery in six months
C.
Selling 1 million pounds in the spot market for delivery in six months
D.
Selling today 1 million pounds in the forward market for delivery in six months
【单选题】显示15岁至49岁育龄期间女性平均生育子女数的人口统计指标是( )。
【单选题】下列关于成年期生理发展的描述,错误的是
A.
人的身体在20~30岁期间达到生理和知觉能力的顶点
C.
女性更年期发生在45~55岁之间,平均年龄47岁
【单选题】A __________ exchange contract is a direct way to hedge.