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A Japanese EXPORTER has a 1,000,000 receivable due in one year. Estimate the cost today of an options strategy that will eliminate exchange rate risk.
A Japanese EXPORTER has a 1,000,000 receivable due in one year. Estimate the cost today of an options strategy that will eliminate exchange rate risk.
Select one:
a. $20,000.
b. $5,000.
c. $12,500.
d. None of the above
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