Use table to answer 2-5.

Use the data in the table below to answer questions 2-5 Currencies-U.S. dollar foroign-exchange rates. December 13, 20xx 2) (2pts) British Pound Norwegian Kroner Thai Baht 1.5347 0.1690 0.0310 oar USS 0.6516 5.9172 32.258 Tony has 19,000 of Thai currency in his pocket and he desires British pounds. Which amount comes closest to the number of Pounds he can exchange them for? O a 297 Pounds O b. 364 Pounds . 384 Pounds Od. 399 Pounds Oe. 904 Pounds Charles imports light bulbs from Norway to sell in Chicago. He can contract today to pay 10,500 Norwegian Kroner (2pts) for a shipment of light bulbs and to sell the light bulbs for $1,850. However, all payments and receipts will not oecur for 30 days. Which of the following is true of this scenario? 3) O a Although the current US dollar Norwegian Kroner exchange rate provides a profit, the level of profit win decline if the Norweglan Kroner gains against the dollar. larger if the Norwegian Kroner gains against the dollar. smaller if the Norwegian Kroner gains against the dollar dependent on the movement of the Norwegian Kroner gains against the dollar O b. Although the current US dollar Norwegian Kroner exchange rate provides a loss, the level of loss will get O c. Although the current US dollar Norwegian Kroner exchange rate provides a loss, the level of loss will get 20 d. The current US dollar Norwegian Kroner exchange rate provides a profit, and that level of profit is not 4) Return to Mr. Charles and the importing of light bulbs from Norway. Assuming that futures trading oxists between (2pts) U.S. dollars and Norwegian Kroner, how can Mr. Charles use such a market to hedge foreign currency rsk? O a. Contract to buy Kroner at an agreed upon price in 30 days. O b. Contract to sell Kroner at an agreed upon price in 30 days. Oo. Contract to buy US Dollars at an agreed upon price in 30 days Od. Contract to sell US Dollars at an agreed upon price in 30 days. S://my talladega.edu/iCS/Academics/BUS/BUS . 202/2018,F-E6stm%2bVR5ocxiCtolUF1%2bkrlswLUBgJH