-7 discussion -international f
March 2nd, 2022
Listen to the Chapter 7 Mini-Case-narrated.pptx”>narrated PowerPoint for the Chapter 7 Mini-Case: Kikos and the South Korean Won. This case discusses risks of derivative products to international businesses – especially during periods of economic volatility.
Please provide at least 1 (one) well- written and well-reasoned answer to the following discussion questions +. Follow the guidelines in the rubric.
Discussion Questions:
- What were the expectations—and the fears—of the South Korean exporting firms that purchased the KiKos?
- What is the responsibility of a bank that is offering and promoting these derivative products to its customers? Does it have some duty to protect their interests?
- Who do you think was at fault in this case?
- If you were a consultant advising firms on their use of foreign currency derivative products, what lessons would you draw from this case, and how would you communicate that to your clients?