Answer Question 29 (1 point) A US firm has Euro receivables of E100,275.000 from Germany in six months. It decides to use options to hedge the receivables. Put options with exercise price $1.60 and premium $0.04 are available. Suppose the firm fully hedges it's receivables (that is a fall in the value of euro below the strike price will not reduce the net cash flow to the firm). The spot rate in six months is E1 for $1.40. What will be the net amount the firm will receive from the put options (put payoff minus premium)? Your