AMD corporation has purchased currency put options to hedge a 500,000 Fijian dollar receivable. The premium is $0.06 (per unit of Fijian dollar) and the exercise price of the option is $0.47 per Fijian dollar. If the spot rate at the time of maturity is $0.45 per Fijian dollar, what is the total amount of dollars received (after accounting for the premium paid)? $255,000. $265,000. $195,000. $205,000