A Indian company has committed to pay $ 10 million in two months. Present exchange rate is Rs 73 per dollar. Company is worried about the possible of fluctuations in the exchange rate. How can the company manage this risk if their risk appetite is that a fall or rise in the rate by Rs.0.25 is acceptable? 1 Normal distribution table .00 .09 0.0 0.1 0.2 0.3 0.4 0.5 .5000 .5398 .5793 .6179 .6554 .6915 .7257 .7580 .7881 .8159 .8413 .01 .5040 .5438 .5832 .6217 .6591 .6950 .7291 .7611 .7910 .8186 .8438 .02 .5080 .5478 .5871 .6255 .6628 .6985 .7324 .7642 .7939 .8212 .8461 1.03 .5120 .5517 .5910 .6293 .6664 .7019 .7357 .7673 .7967 .8238 .8485 .04 .5160 .5557 .5948 .6331 .6700 .7054 .7389 .7704 .7995 .8264 .8508 .05 1.06 .5199.5239 .5596 .5636 .5987.6026 .6368 .6406 .6736.6772 .7088 7123 .7422 .7454 7734 .7764 .8023 .8051 .8289 .8315 .8531 .8554 .07 .08 .5279 .5319 .5675 .5714 .6064 .6103 .6443 .6480 .6808 .6844 .7157 .7190 .7486 .7517 .7794 .7823 .8078 .8106 .8340 .8365 .8577 .8599 .5359 .5753 .6141 .6517 .6879 .7224 .7549 .7852 .8133 .8389 .8621 0.6 0.7 0.8 0.9 1.0