Assume that boeing sells a currency forward contract of €10 million for delivery in one year, in exchange for a predetermined amount of u. s. dollars. suppose that on the maturity date of the forward contract, the spot rate turns out to be $1.40/€ (i. e. less than the forward rate of $1.46/€). which of the following is true:
a) boeing gained $0.6 million from forward hedging.
b) boeing would have received only $14.0 million, rather than $14.6 million, had it not entered into the forward contract. additionally, boeing gained $0.6 million from forward hedging.
c) boeing would have received only $14.0 million, rather than $14.6 million, had it not entered into the forward contract.
d) none of the options.

Daniel owns 100 shares of abc corporation's common stock. abc uses the fair value option, and recent declines in the firm's credit rating have caused the value of the firm's outstanding bonds payable to drop by 10%. daniel feels this is good news, but he wants to know what you think about the situation. which of the following represents your best response? a : "this situation may be positive for you in that the change in abc's credit standing indicates that the value of the firm's assets is likely increasing. however, the drop in bond value may negate any positive effects on your bottom line, because it means your claim on the firm's assets is simultaneously decreasing." b : "actually, this is bad news all around. the drop in the value of abc's bonds payable means shareholders' claims on the firm's assets have decreased. moreover, abc's declining credit rating means that the firm's assets are probably also dropping in value, thus magnifying your losses even more." c : "on the surface, this seems like good news because it means your claim on the firm's assets has increased. however, the drop in creditworthiness may also indicate that abc's assets are declining in value, thus offsetting any gains associated with the drop in bonds payable." d : "you're right! this is good news because it means that abc's debtholders have a decreased claim on the firm's assets. as a result, the firm's existing shareholders"like you"have seen their claim on the firm's assets increase."

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement