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A firm wants to use a ______ option to hedge SF62,500 in receivables. The premium is $0.03. The exercise price is $0.65. If the option

A firm wants to use a ______ option to hedge SF62,500 in receivables. The premium is $0.03. The exercise price is $0.65. If the option is exercised, the firm receive the net amount of ____________ after accounting for the premium paid. (You must indicate also the currency.)

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