Question 3 Profit maximization is problematic because All the above are limitations It does not have a time frame - short or long term It does not consider risk factors of different decisions it is not sure if revenue should be maximized or cost should be minimized or both. Question 4 From the perspective of a U.S. fum, an exchange rate quoted as 0.68 euro per U.S. dollar is known as an) decimal places? quote. How many US O indirect: US$147.06 O direct: US$147.06 futures: US$68 O hedge: US$68 Question 5 Which of the following is not a correct statement about foreign currency futures? futures contracts are liquid as they are traded on exchanges futres contacts are marked to market daily futut