Question 48

Your company will receive C$600,000 in 90 days. The 90 -day exercise price of an option in the Canadian dollar is $.80. The current value of the Canadian dollar is $.78 If you use an option hedge, you will: Group of answer choices receive $480,000 today. pay $468,000 in 90 days. unable to tell. receive $480,000 in 90 days. receive $468,000 in 90 days