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A U.S. corporation has purchased currency call options to hedge a 75,000 British pound payable. The premium is $.035, and the exercise price of the

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A U.S. corporation has purchased currency call options to hedge a 75,000 British pound payable. The premium is $.035, and the exercise price of the option is $1.35. If the spot rate at maturity is $1.45, what is the total amount paid by the corporation if it acts rationally? O $101,250 O $103,875 O $111,375 O $106,125 $98,625

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