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000,000 Mexican pesos (MXN) ih one year from s exports. Toybot is a US company that exports robotic toys to Mexico The company expects toc
000,000 Mexican pesos (MXN) ih one year from s exports. Toybot is a US company that exports robotic toys to Mexico The company expects toc The firm expects the following exchange rate scenarios and probabilities. Spot rate Scenario Probability 1n one year 0.5 $0.0538 $0.0545 $0.0552 B IC The spot rate is $0.0545 per peso and the one-year forward rate is $0.0556 per peso. The U'S, interst rate is 2% and the Mexican interest rate is 11%. A put option on pesos expiring in one year costs $0.0037 per peso and has an exercise price of $0.0545 per peso. What is the expected value of the receivables in one year with the put option hedge (in $)? O $254,325 $254,350 $254,250 $254,300
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