*What are the causes of the currency exposure at AIFS?
*What would result if Archer-Lock and Tabaczynski did not hedge at all?
*What would happen with a 100% hedge with forwards? A 100% hedge with options? Use the forecast final
sales volume of 25,000 and analyze the possible outcomes relative to the ‘zero impact’ scenario described in
the case (i.e. no change in the exchange rate).
*Given the choice of (1) Do nothing — exchange at the spot rate; (2) Use 100 % forwards; (3) Use 100 %
options, what do you think Archer-Lock and Tabaczynski should do? Explain your reasoning.
together and sing Peking opera again in a theater with no audience, a single strong light beam falls on them. Before they started to practice, Dieyi said the line again to the Xiaolou. But this time, he said, “I’m a male youth by nature, not a beautiful woman.” To the audience who watched this film, this is the most shocking line concerning the life of the LGBTQ+. Dieyi finally dared to confirm his gay identity to fall in love with a man as the identity as a man. However, this time Xiaolou said to him, “You are wrong.”, smiling. In return, Dieyi said this line again, and louder. Then, they started to sing Farewell My Concubine. At the end, when the concubine in the opera committed suicide, Dieyi really killed himself with Xiaolou’s sword. With various farewell my concubine happened throughout the story, this time it’s the real farewell. By reviewing the psychology of Dieyi, himself, as well as the audience, didn’t know what his real identities were even when he died. It’s a tragedy brought by the extreme society, where everything other than revolution is ambiguous. This film was released in 1993. Certainly, it has never been played in China. From my own perspective, the reason why Chen Kaige could make this masterpiece is because 1993 was just after the democratic movement. Although the movement failed, people’s voices of freedom, culture and civil rights on LGBTQ+ were kept. Also, the aftermath of the movement weakens the supervision of picture administration. Outside Farewell My Concubine, Leslie Cheung, the performer of Dieyi is an important figure related to LGBTQ+ to talk about. He was a character with controversies that time because of his sexual orientation. However, his charisma and strength in the entertainment field made him one of the greatest contemporary artists in Asia. On the personal concert in 1997, he sang “The Moon Represents My Heart” of Teresa Teng, to his boyfriend Daffy Tong, thus coming out of the closet to the public (He, 2018). After that, news and otters digital media unstoppably talked about him. With time passes by, under the pressure of public opinions, he got depression. In Apr 1, 2003, unfortunately, he committed suicide in Hong Kong. He was fooled by the whole society repression, just like Dieyi was. However, his advocacy of LGBTQ+ rights started quite early. According to He Guilan, the 90s of Hong Kong is a time with the clash of civil rights advocators and protestors. The bias of LGBTQ+ in entertainment industry never ceased. “Other than Farewell My Concubine, Leslie did act in several other film with sexual ambiguity theme in Hong Kong. Nonetheless, these films took sexual orientation and gender identity as a joke. In the 1994 interview, Leslie showed his opposition to these films by saying, ‘people in Hong Kong apply satire and comedy on gays, it’s quite>GET ANSWER