sorry Bout the quality, please help!!

Arools, Ancy intports wood from Morocco. The Moroccan exporter ievoices in Moroccan dirham. The current exchange rate of the dirnam is 50.09 , Brooks just purchased wood for 3 million dirham and should pay for the wood in three months. It is aiso possibie that Brooks will receive 6 million dirham in three months from the sale of refinished woco in Moracco. arooks its currently in negotiations with a Morocean importer about the refirished wood. If the negotiations are successful, Brooks will receive the 6 million dirham in three months for a net cash inflow of 3 million dirham. The following option information is avalable: - Call option premium on Moroccan dirham =$0.004 - Put option premium on Moroccan dirham =50.002 - Call and put option strike price =$0.088 - One option contract represents 500,000 dirham a. Describe how brooks could use a straddie to hedge its possible positions in dirham. Brooks could construct a straddle to hedge its positions in dirham, If the negotiations are successfut, the options will hedge the 3 million dirham in If the negotiotions are not successful, the options will hedge the 3 million dirham in - To construct a straddie, Ercoks would buy put options and call options. 0. Consider three scenarios. In the first scenario, the dirham's spot rate at option expiration is equal to the exercise price of so.os8. In the secend scenerio, the dirham when the negotiations are not succossful, Enter your answers as positive values. Round your answers to the nearest dollac