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A firm has a receivable of C$ 1 , 5 0 0 , 0 0 0 . 0 0 They hedge this exposure with a
A firm has a receivable of C$ They hedge this exposure with a put option with a strike price of $ C$ The premium of the option is $ If at the time of payment the spot price ends up equal to $ C$ How much did the firm end up with?
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