have been recruited by Sustainable Lambs L.LC, which is based in Dubai, as the international finance analyst, The company is importing mostly from Cansis, and you are interested in using foreign currency (FX) options to manage the foreign currency exposure. Given a contract with a transaction value of Canadian dollars (CADS) 150,000 which is expected to be paid in 3 months: (c) The strike price for a March expiring contract is currently AED 2.65/ CADS with a premium of AED 0.05/CADS. Assuming 1 contract on CADS option is worth CADS 150,000 , estimate the profit and loss under each of the following possible future exchange rates between the UAE dirham and Canadian dollar for a lono call we