A US based company has receivables of CHF 1 million and payables of EUR 2 million in 6 months. CHFUSD is expected to trade in a range between 0.85 and 0.90, EURUSD is expected to trade in a range between 1.40 and 1.50. The best case scenarios for the company would be a net exposure of

1. $1,850,000
2. $1,900,000
3. $2,100,000
4. $2,150,000
5. $2,250,000

The worst case scenarios for the company would be a net exposure of

1. $1,850,000
2. $1,900,000
3. $2,100,000
4. $2,150,000
5. $2,250,000