Question 3 2 pts Your Denver-based company is receiving 15 million from a British customer in eight months from today. If you want to hedge your currency exposure: You would sell a put option with an exercise price equal to today's spot price and an expiration date in eight-months You would enter into a forward contract to deliver 15 million in eight months You would buy a call option with an expiration date in eight months. Hedging is not possible with receivables Question 4 2 pts A call option to buy Euros has an exercise price of $1.07: 1 euro. Today the spot rate is $1.11: 1 euro. The option is: In the money Out of the money At the money Cannot be determined without knowing the expiration date