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Business, 08.11.2019 04:31 ajfijeoinf2750

Au. s. corporation has purchased currency put options to hedge a 100,000 canadian dollar (c$) receivable. the premium is $.02 per unit and the exercise price of the option is $.94. if the spot rate at the time of maturity is $.99, what is the net amount received by the corporation if it acts rationally?

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