Question 6. On December 1 of 2017, APU, a U.S. company, makes a sale to a Spanish customer. Sales price is 1,200,000 euro, and the spot rate is $1.45 per euro. APU allows the customer 3 months to pay On March 1 of 2018, APU collects the sales amount with spot rate $1.42 per euro. Let's assume that on December 1 of 2017 the company purchases an put option to sell 1,200,000 euro for $1.41 each. Option contract costs $10,000. Q1. How much would the gain or loss be with the option contract in USD? 1. Loss 58000 20 Loss 46000 3.0 Loss 34000 4.0 Gain 34000 5. O Gain 46000 6.0 Gain 58000 Q2. How much would the net benefit or net loss from having the option contract be? 1. Net loss 22000 2.0 Net loss 10000 3.0 Net loss 2000 4.O Net benefit 2000 5. Net benefit 10000 6. O Net benefit 22000