Which of the three motives for holding foreign exchange are applicable to each of the following? a.

Question:

Which of the three motives for holding foreign exchange are applicable to each of the following?
a. A tourist.
b. A bond trader.
c. A manager.
d. A manufacturer. Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...