Answered oct Answer You are an American (USD or$) importer buying from England (GBP, or L). The transaction size is 504,862 Pounds due in 2 months. This option has an exercise price of 1.29 and comes in contract sizes of 62.500 L. How much would you eventually pay for the goods if you hedged with options given the following data. All numbers are $/L Note if you pay 100L the answer is 100, not-100, Now 2 months from now bid ask 1.503 1.515 Spot Options Call 0.025 Put 0.048 848.490.93 664,366 margin of error +/-10 Call 0.226 Put 0