1. A weak dollar will
a. force American exporters to raise their foreign currency prices
b. cost American exporters market share abroad
c. enable American exporters to improve their sales
d. enable American importers to reduce their dollar costs
2. Suppose the current spot rate for the SFr is $0.7220. A call option with an exercise price of $0.7650 is said to be
A. in-the-money
B. out-of-the-money
C. at-the-money
D. none of the above