Kyz, inc., a u. s. firm, sends its manager, ryan, to london to manage its operations there. ryan's salary is still based on the u. s. payment system; however, kyz offers him a lump-sum payment to offset the additional standards-of-living expense in london. in this case, which of the following approaches to expatriate compensation did kyz use?
a. the cafeteria approach
b. the localization approach
c. the local plus approach
d. the balance sheet approach

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2

It's possible for a debt card transaction to bounce true or false