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Euro Japanese Yen. A French firm is expecting to receive 10.4 million in 60 days as a result of an export sale to a Japanese

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Euro Japanese Yen. A French firm is expecting to receive 10.4 million in 60 days as a result of an export sale to a Japanese semiconductor firm. What will it cost, in total, to purchase an option to with a strike price of 0.007353/N? The spot rate is 0.007000/V (See table for initial values.) The cost, in total, to purchase an option with a strike price of 0.007353/JPY (knowing that its spot rate is 0.007000/JPY) is ]. (Round to the nearest cent.) 1 Data table A Japanese firm wishing to buy or sell euros (the foreign currency) A European firm wishing to buy or sell yen (the foreign currency) Variable Variable rd Value 0.0875 rd Domestic interest rate (% p.a.) Foreign interest rate (% p.a.) Volatility (%p.a.) Value 2. 1870 0.0875 10.000 f % % % f 2.1870 10.000 % % % $ 5 d1 d1 d2 -0.45027 -0.49082 0.32628 -1.10856 -1.14910 0.13381 0.12526 d2 N(D1) N(02) N[d1) N[d2) 0.31178

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