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Question 15 A firm has a receivable of SFr 1,800,000.00. They hedge this exposure with a put option with a strike price of $1.3333/SFr. The

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Question 15 A firm has a receivable of SFr 1,800,000.00. They hedge this exposure with a put option with a strike price of $1.3333/SFr. The premium of the option is $0.0667. If at the time of payment the spot price ends up equal to $1.4666/SFr, how much did the firm end up with? $2,519,820 $2,279,880 $2,639,880 $2,399,940 None of the above

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