How does a change in the volatility of the rate of appreciation affect the pricing of foreign currency options?

What will be an ideal response?


An increase in the volatility of the rate of appreciation increases the prices of both put and call options on foreign currency.

Business

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According to path–goal theory, leadership does all of the following except ______.

A. clarifies the path to reaching goals B. defines the goals for the follower C. provides support to the follower D. introduces challenging obstacles

Business

Which of the following elements constitutes an affirmative defense by an employer to a claim of sexual harassment at the work place?

A) The employee was harassed by other employees who are no longer employed by the employer. B) The employer had no knowledge about the sexual harassment faced by the plaintiff-employee until a court notice was served on the employer. C) The employee failed to take advantage of any preventive or corrective opportunities provided by the employer. D) The employee misinterpreted words or actions by the employer or his employees which were not intended to be sexual harassment.

Business

Order fill rates of 100% ______.

A. are impossible to achieve, no matter what B. can be achieved, provided we are willing to overstock items C. can be achieved only in some industries D. can be achieved using a periodic review system

Business

Randy Lewis has come up with the idea of a system for picking up people's cars while they are at work, washing and waxing them, and returning them for a fee. Having been a big success in his home city, Randy plans to expand his operation into other cities. The service described here seems best suited to

A. party-plan retailing. B. franchising. C. vending. D. corporate chain retailing. E. off-price retailing.

Business