When deciding how much to save for your retirement years the author suggests you

A)

save as much as you possibly can because the future is highly uncertain.
B)

first take care of your present needs, because the future has a way of taking care of itself.
C)

consult a professional planner to find out how much you must presently save.
D)

carefully weigh the marginal benefit of an additional dollars worth of present consumption versus the marginal benefit of an additional dollars worth of consumption in your retirement years.


D

Business

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Indicate whether the statement is true or false

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On February 1 . Rapido Corporation entered into a firm commitment to purchase specialized equipment from the Yamasake Trading Company for ¥65,000,000 on April 1 . Rapido would like to reduce the exchange rate risk that could increase the cost of the equipment in U.S. dollars by April 1 . but Rapido is not sure which direction the exchange rate may move. What type of contract would protect Rapido

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