HW 5 Chap 17.docx - Nova Southeastern University H. Wayne...

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Nova Southeastern UniversityH. Wayne Huizenga College of Business and EntrepreneurshipAssignment for Course:FIN 5130 – Financial ManagementSubmitted to:Professor Hassan KhazemSubmitted by:Geysa AlvarezN017328095602 NW 204 ST, Miami Gardens, FL 33055786-991-4120Date of Submission:September 24, 2017Title of Assignment:Week 5 - Chapter 17 Homework AssignmentCERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance Ireceived in its preparation is fully acknowledge and disclosed in the paper. I have also cited anysources from which I used data, ideas of words, whether quoted directly or paraphrased.I also certifythat this paper was prepared by me specifically for this course.Student Signature:Geysa Alvarez*******************************************Instructor’s Grade on Assignment:Instructor’s Comments:
Questions(17-1)a.Multinational corporation-a corporation that operates in an integrated fashion in more than onecountry. Also called global corporation, multinational enterprise, and transitional corporation.b.Exchange rate –specifies the number of unit of a given currency that can be purchased for oneunity of another currency.Fixed exchange rate system-the system in effect from the end if World War 2 until August 1971.Under the system, the U.S. Dollar was linked to gold at the rate of $35 per once, and othercurrencies were then tied to the dollar.Floating exchange rate-exchange rates that change with market forces of supply and demand,having little or no government intervention.

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