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Q11) A firm wants to use a CALL option to hedge CAD 10 million in payables to Canadian firms. The premium is $.02. The exercise

Q11) A firm wants to use a CALL option to hedge CAD 10 million in payables to Canadian firms. The premium is $.02. The exercise price is $1.10 per CAD. At the expiration date, the spot rate is $1.2...

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