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An Omani importer needs 200,000USD after 60 days. To protect from the risk of appreciation in USD he purchases the option and locked the price

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An Omani importer needs 200,000USD after 60 days. To protect from the risk of appreciation in USD he purchases the option and locked the price at USD2.6001/OMR with 2% premium option payment. If the USD appreciates against OMR, then is it advantageous for exporter or importer to exercise the option right? As an Exporter it is advantageous to exercise the option right As an Exporter it is advantageous not to exercise the option right As an importer it is advantageous to exercise the option right As an importer it is advantageous not to exercise the option right

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