D or loss 2. Assume UMAC has a ner exposure to British pounds of -1,000,000. If the exchange rate for A. GAIN $138,900 B. LOSS $ 138,900 C. GAIN $2,838,900 D. LOSS $2,838,900 3. When we carry out the simulation of a protective put, we assume that stock price and stock return are following what kind of distributions, respectively A. Normal distribution, Lognormal distribution B. Binomial distribution, Lognormal distribution C. Lognormal distribution, Binomial distribution D. Lognormal distribution, Normal distribution