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Doctors Without Borders is planning an expedition to Haiti to help the displaced and injured in the upcoming hurricane season. For the expedition they will
Doctors Without Borders is planning an expedition to Haiti to help the displaced and injured in the upcoming hurricane season. For the expedition they will need 9 million Haitian Gourde, the local currency. The expedition will start in two months. Doctors Without Borders enters in a call option with strike of $ 0.019 / Gourde for $ 0.004 /Gourde. What is the profit on the hedge position if the spot rate in two months time is $ 0.018 / Haitian Gourde? Provide your answer rounded to the nearest integer.
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