10. A Japanese EXPORTER has a 1,000,000 receivable due in one year. Detail a strategy using options that will eliminate exchange rate risk Listed Options Puts Strike $1.25 - 1.00 Euro 62.500 Yen 12,500,000 Calls $0.0075 per $0.01 per $0.0075 per #100 $0.01 per 100 $1.00 = 100 a. Buy 16 put options on euro, sell 10 call options on yen. b. Buy 16 put options on euro, buy 10 call options on yen. c. Sell 16 call options on euro, buy 10 put options on yen. d. None of the above