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

Nova Southeastern University
H. Wayne Huizenga College of Business and Entrepreneurship
Assignment for Course: FIN 5130 – Financial Management
Submitted to: Professor Hassan Khazem
Submitted by: Geysa Alvarez
N01732809
5602 NW 204 ST, Miami Gardens, FL 33055
786-991-4120
Date of Submission: September 24, 2017
Title of Assignment: Week 5 - Chapter 17 Homework Assignment
CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I
received in its preparation is fully acknowledge and disclosed in the paper. I have also cited any
sources from which I used data, ideas of words, whether quoted directly or paraphrased. I also certify
that 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 one
country. 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 one
unity 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 other
currencies 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.