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Accounts payable of 1 , 0 0 0 , 0 0 0 ( pound ) with a strike price of $ 0 . 3 4

Accounts payable of 1,000,000(pound) with a strike price of $0.34 and premium of 1.25%, current spot rate of $0.3200 and forward rate of $0.3400. Should this be a call or put option? Buy or sell pound forward? Invest or borrow pound?

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