Question 6 Hedging instruments are used to: insulate the firm from some risk speculate on risk management speculate against fluctuating currency exchange rates swap currency risk for interest rate risk Question 7 If the U.S. dollar goes from $1.30 per euro to $1.25 per euro: the U.S.$ appreciated currencies of developing countries appreciated the U.S.S remained unchanged the U.S.$ depreciated Question 5 1 pts An exchange rate between two currencies which is found by using a common third currency is known as a currency: exchange rate exchange currency rate cross rate cross foreign currency rate