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Answer only, no need explain A U . S . corporation has purchased currency put options to hedge a 1 0 0 , 0 0
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A US corporation has purchased currency put options to hedge a Canadian dollar C $ receivable. The premium is $ and the exercise price of the option is $ If the spot rate at the time of maturity is $ what is the net amount received by the corporation if it acts rationally?
a$
b$
c$
d$
e No answer
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