Canvas XO D All multiple choice questions. Once you answer a question, you cannot revisit the same question. Complete this online portion of the test in one sitting. Ensure you have sufficient time to complete. It cannot be reset or redone. D - You have one attempt to complete. Time period: 90 minutes You are allowed to have a financial calculator, scrap paper for doing work. Question 1 O positive. negative. Assume zero transaction costs. If the-day forward rate of the euro is an accurate estimate of the spot rate 90 days from now, then the real cost of hedging payables will be: zero. O positive if the forward rate exhibits a premium, and negative if the forward rate exhibits a discount. Question 2 C Exercise price Premium 18 Spears Co. will receive SF1,000,000 in 30 days. Use the following information to determine the total dollar amount received (after accounting for the option premium) if the firm purchases and exercises a put Spot rate Expected spot rate in 30 days 30-day forward rate $630.000 = = 11 || 1