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Suppose that you work for Westinghouse Electric Company. You are bidding to design a new nuclear power station in Bulgaria. If you win the bid

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Suppose that you work for Westinghouse Electric Company. You are bidding to design a new nuclear power station in Bulgaria. If you win the bid you will receive EUR 100,000,000. You have collected the following market data (I am using the most recent data on Feb.207,2021). Spot:USD 1.2073/EUR Forward: USD 1.2180/EUR 12-month USD Libor: +0.28375% 12-month EUR Libor: -0.48014% WACC: 6% Call option: strike price USD 1.2300/EUR, premium USD 0.0245/EUR Put option: strike price USD 1.2300/EUR, premium USD 0.0306/EUR Note: how to compute the call premium: 0.0245 100,000,000 Question 5 1 pts Suppose that you decide to hedge in the money market. What should you do? borrow EUR borrow USD Question 6 1 pts Suppose that you decide to hedge in the money market. Compute the hedged revenue. Please round to the nearest USD. You have a novel idea. Hedge EUR 50,000,000 in the forward market and leave the rest unhedged. What will be your revenue if the spot rate in 12 months is USD 1.23/EUR? Suppose that you work for Westinghouse Electric Company. You are bidding to design a new nuclear power station in Bulgaria. If you win the bid you will receive EUR 100,000,000. You have collected the following market data (I am using the most recent data on Feb.207,2021). Spot:USD 1.2073/EUR Forward: USD 1.2180/EUR 12-month USD Libor: +0.28375% 12-month EUR Libor: -0.48014% WACC: 6% Call option: strike price USD 1.2300/EUR, premium USD 0.0245/EUR Put option: strike price USD 1.2300/EUR, premium USD 0.0306/EUR Note: how to compute the call premium: 0.0245 100,000,000 Question 5 1 pts Suppose that you decide to hedge in the money market. What should you do? borrow EUR borrow USD Question 6 1 pts Suppose that you decide to hedge in the money market. Compute the hedged revenue. Please round to the nearest USD. You have a novel idea. Hedge EUR 50,000,000 in the forward market and leave the rest unhedged. What will be your revenue if the spot rate in 12 months is USD 1.23/EUR

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