2. Suppose a Bangladeshi importer is expecting to pay $25 million sometime in the next three months to an American exporter. To hedge this, the Bangladeshi importer buys an option on the US\$. The premium is 1.75 BDT/US\$, for options with Exercise price =94.5 BDT/US\$. a) What option should he buy? b) What is the cost incurred today by the Bangladeshi importer? c) What is the ceiling that the importer has set on the price of US\$? d) What is the actual amount that the importer will pay if the spot rate at the end of three months is 98.75 BDT/US\$? Draw a diagram to show your