Consider a French exporter to receive 60,000 USD in 2 months. The purchase contract has just been signed while the average exchange rate of USD/EUR is 0.84. The rate US money market average is 0.45% and Eurozone average is 1.00 %. This exporter wants to hedge against an unfavorable change in the exchange rate At maturity, the USD/EUR exchange rate stands at 0.8000. If he implements the hedging strategy mentioned in progress, what amount in euros will he receive at maturity? A. He will receive approximately 50,400 EUR. B. He will receive approximately 50,446 EUR C. He will receive approximately 50,362 EUR D. He will receive approximately 48,000 EUR