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- Mars Company (Oman) made export to a foreign buyer worth 4 million USD ($) and payment will be collected from buyer 6 months later.

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- Mars Company (Oman) made export to a foreign buyer worth 4 million USD ($) and payment will be collected from buyer 6 months later. The exchange rate is now: 1 USD = 0.33 OMR. To hedge from FOREX risk, Mars Company makes an option contract with Bank Muscat. In contract, Mars Company will receive OMR, at a rate of: 1 USD = 0.42 OMR. 9 Months Later rate is: 1 USD = 0.37 OMR. What is the total profit or loss of Bank Muscat if Mars Company exercises the option? Select one: O a. -160000 Ob. 100000 OC.-200000 O d. -0.040 Drevious page Finish attemnt

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