1./ FAI Corporation will be receiving 300,000 Canadian dollars (C$) in 90 days. Currently, a 90-day call option with an exercise price of $0.75 (i.e., 0.75 USD per C$) and a premium of $0.01 (i.e., 0.01 USD per C$) is available. Also, a 90-day put option with an exercise price of $0.73 (i.e., 0.73 USD per C$) and a premium of $0.01 (i.e., 0.01 USD per C$) is available. FAI plans to purchase options to hedge its receivable position. Assuming that the spot rate in 90 days is $0.71 (i.e., 0.71 USD per C$), what is the net amount, in USD, received from the currency option hedge? Include the option premium in your calculation (but ignore the time value of money in your calculation). Pick the best