FabCorporation will need 500,000 Canadian dollars (CND) in 90 days to cover a payable position. Currently, a call option with an exercise price of CND USD .75 and a premium of .01 is available. Also, a 90-day put option with an exercise price of CND USD .73 and a premium of .01 is available. FAB will purchase an option to hedge its payable position. Assuming that the spot rate in 90 days is CND USD .76, what is the total amount paid, assuming FAB wishes to minimize its cost? Your answer should be the total US dollar expense to satisfy the payable. $370,000 $385,000 $360,000 $380,000

One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.