Develop two (2) strategies for Simon, one involving only forward exchange contracts, another involving foreign exchange options, taking into account that Simon has agreed, if necessary, to spend up to

Develop two (2) strategies for Simon, one involving only forward exchange contracts, another involving foreign exchange options, taking into account that Simon has agreed, if necessary, to spend up to 10% of his net exposure in option premiums. (500 words)

What zero premium cost strategy could you recommend to Simon in order to minimise his exposure to exchange rate movements? Under what circumstances would this strategy be appropriate? (100 words)

There are many ways that you can gather information about the products and services you recommend to your clients. Describe two (2) research processes you could use to make sure that the recommendations you make to your clients are based on the most current and appropriate information. (100 words)

Give two (2) reasons why conducting research is so important and how it assists you in your role.(100 words)