1 the equilibrium exchange rate of the swiss franc is 090, Ask an Expert

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1. The equilibrium exchange rate of the Swiss franc is $0.90. At an exchange rate $.87, U.S. demand for Swiss francs would ______ the supply of francs for sale and there would be a ______ of francs in the foreign exchange market.?

a. ?be less than; surplus

b. ?exceed; shortage

c. ?be less than; shortage

d. ?exceed; surplus

2. Some capital budgeting projects contain real options in that they provide opportunities to obtain or eliminate specified real assets such as machinery or a manufacturing plant.?

a. ?False

b. ?True

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92774163

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