Assume that Google Inc expects to receive 70 million euros Google Inc has to decide whether protect their position and thus decide what type of protection Chedging) is the most convenient Use the following information to carry out your analysis and make the correct decision Spot rate of eura Forward rate euro - 1 ano One year call option One-year put option $1.20 $1.22 Exercise price - $0.70 Premium - $0.05 Exercise price - $0.72 Premium $0.01 U.S. 6% 7% Rate $1.21 $123 $1.27 Euro Zone 3% Forecasted spot rate of euro Probability 15% 35% 50%