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A small French corporation anticipates income of $ 5 2 , 5 0 0 over the course of the next few months, beyond its expenses.
A small French corporation anticipates income of $ over the course of the next few months, beyond its expenses. It has the opportunity to lock in sets of options contracts in the United States worth Euro each at $ per Euro. The premium to purchase the call is cents $ per EUR or $ per EUR contract.
How much will the company receive if it exercises the options contract?
euro
euro
euro
euro
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