Suppose your company just exported 1 million US dollars goods to USA on 15 Nov 2017, the spot exchange rate is 6.6RMB/$.The U.S importer promise to pay the 1 million dollars after 1 year, the expected spot exchange rate between U.S dollars and RMB after is 6.3 or 7.0, Your boss is a risk-adverse person, he want you to use the option instrument to avoid exchange risk. you know the price of call option on 200,000 US dollar is 5000RMB and the put option is 7000RMB, and the exercise price is 6,6RMB/$.What do you should do? If your boss want obtain the profit of RMB depreciation, what do you should do? The risk-free rate is 5%. Please give the payoff profile of option trade and spot exchange trade. .,sport option. 10 7