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A U.S. firm expects receivables of 150,000 in three months. The U.S. firm purchases a put option on the euros. The strike price is $.06/
- A U.S. firm expects receivables of 150,000 in three months. The U.S. firm purchases a put option on the euros. The strike price is $.06/ and the premium is $.04/. What is the total dollar amount received from the euro receivable if the spot rate in three months is (Multiply any $/ amount by 150,000)
- $1.00/
- $1.05/
- $1.10/
$1.15/
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