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A Japanese EXPORTER has a 1,200,000 receivable due one year Estimate the cost today of an options stralegy that will eliminate the exchange rate risk

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A Japanese EXPORTER has a 1,200,000 receivable due one year Estimate the cost today of an options stralegy that will eliminate the exchange rate risk $1.25 1.00 $1.00-100 S0 $0006 per 0 0075 per t Yen 1250000) 100 $18,000 $21,600 $21,000 $18,600

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