Suppose that, on May 6, 2013, the treasurer of a US corporation knows that the corporation will pay 1 million in 6 months and wants to hedge against exchange rate moves. A corporate treasurer said: " I will have 1 million to sell in 6 months. If the exchange rate is less than 1.52, I want you to give me 1.52. If it is greater than 1.58, I will accept 1.58, I will sell the sterling for the exchange rate." How could you use options to satisfy the treasurer?