Question
6. Inc Co. will receive SF1,500,000 in 30 days. Find the total dollar amount received (after accounting for the option premium) if the firm purchases
6. Inc Co. will receive SF1,500,000 in 30 days. Find the total dollar amount received (after accounting for the option premium) if the firm purchases and exercises a put option:
| Exercise price | = | $.61 |
| Premium | = | $.02 |
| Spot rate | = | $.60 |
| Expected spot rate in 30 days | = | $.56 |
| 30-day forward rate | = | $.62 |
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The Handbook Of Financial Communication And Investor Relations
Authors: Alexander V. Laskin
1st Edition
1119240786, 978-1119240785
