Question 1
Your company expects to have following cash flows in AUD in the next 30 days.
Also, you receive following quotes for Put and Call option for AUD with expiration date in 30 days
Assume that you decide to hedge the AUD position using option contract
Assume that at the expiration date the AUD rate is				$0.62
Please find the amount of USD you have to pay, or you will receive at the end of the 30-day period
Cash Flow in AUD
Transaction ID	Receivables	Payables
1	5,000,000
2		3,000,000
3		10,000,000
4	15,000,000
5	20,000,000
Option	Strike Price	Premium per AUD
PUT	0.695	0.0025
CALL	0.715	0.003
Question 2
Your firm will receive CAD20,000,000 in the next 3 months.
You have following information:
Current spot rate of CAD1		$0.92
3-month interest rate in CAD		1.25%
3-month interest rate in USD		1.00%
Interest rates are for 3-month, so you don't need to do any conversion.
If you decide to hedge your CAD receivables, please find the amount of USD you eventually receive.
Please use Excel for calculation to avoid rounding error