9. Indicate in the following situations whether a put or call option is the most appropriate option. Situation Put or Call Option A U.S. company invest $100,000 in their Irish subsidiary and needs the investment repaid in six months. A U.S. company enters into a contract with an Australian buyer to deliver goods in one year. The purchase contract specifies payment in Australian dollars. A U.S. company enters into a purchase agreement with a Russian supplier for goods to be delivered in three months. The contract is specified in Rubles. A U.S. company bids on a project in Canada with payment specified in Canadian dollars and will require 1 year to complete. The company anticipates purchasing raw materials for the project in Canada. A speculator anticipates the Euro will decline relative to the dollar in the next six months. A speculator anticipates the U.S. dollar will decline relative to the Euro in the next six months and is considering an option for Euros