14. Assume that your U.S.-based firm is expecting to receive 1,000,000 Australian dollars (A in one year. The AUD spot rate today is $0.73. Your firm expects (with certainty) that the A spotrate will be S0.70 in a year, so it decides to avoid exchange rate risk by hedging this receiva There are put and call options with one year to expiry that have a strike price of s0.75. premium on both options is $0.03. The one-year forward rate exhibits a 2% premium. Comp the expected net cash flows received in U.S. dollars from hedging this receivable using a forw contract versus a currency option. 14. Assume that your U.S.-based firm is expecting to receive 1,000,000 Australian dollars (AUD) in one year. The AUD spot rate today is \$0.73. Your firm expects (with certainty) that the AUD spot rate will be $0.70 in a year, so it decides to avoid exchange rate risk by hedging this receivable. There are put and call options with one year to expiry that have a strike price of $0.75. The premium on both options is $0.03. The one-year forward rate exhibits a 2% premium. Compute the expected net cash flows received in U.S. dollars from hedging this receivable using a forward contract versus a currency option