esla exports cars to many countries, including China. The ompany expects to receive 12 million yuan () in one year com its exports. The firm expects the following exchange rate scenarios and probabilities: Scenario Probability Spot rate in one year $0.13 $0.134 $0.138 A 0.2 0.5 B 0.3 put option on yuan expiring in one year costs $0.0026 per ruan and has an exercise price of $0.134 per yuan. Part 1 Attempt 1/10 for 10 pts. Vhat is the expected value of the receivables in one year with he put option hedge (in $)? + decima