QUESTION 1 1 pol A New Jersey firm exports 200,000 worth of goods to an Italian firm, to be paid in one year. To hedge the risk of euro declining, the U.S. firm buys put options on the euro with a strike price of $1.25 per euro. They pay an option premium of $0.01 per euro. If at maturity, the exchange rate is $1.20 per euro, the firm will realize... $248,000 on the sale, net of the cost of hedging. b. $250,000 on the sale, net of the cost of hedging need more information to solve the problem $238,000 on the sale, net of the cost of hedging. d