Afrench company wants to invest 20 million euros for three months. the company found that investing in a thai money market account would give it a higher interest rate than domestic investments. which of the following is true about this investment?
a. the investment is risk-free because money market investments are considered to be equivalent to bank deposits. b. the investment is not risk-free because foreign currency movements in the intervening period can affect the profitability of the firm. c. the investment is risk-free because such investments also lock foreign exchange rates for the duration of the investment. d. the investment is not risk-free because money market instruments are considered to be the most speculative of all investments. e. the investment is risk-free because the thai money market is considered to be more stable and secure than other markets