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Business, 08.11.2019 18:31 Kiona3815

Au. s. corporation has purchased currency call options to hedge a ₤70,000 payable. the premium is $.02 [.05] and the exercise price of the option is $.50 [$1.50]. if the spot rate at the time of maturity is $.65 [$1.65], what is the total amount paid by the corporation if it acts rationally?

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