thank you !:)

6) (3 pts) Assume that Patton Co. will receive 100,000 New Zealand dollars (NZS) in 180 days. Today's spot rate of the NZ$ is $.657/1NZD. A call option on NZ$ exists, with an exercise price of $.65, a premium of $.02, and a 180-day expiration date. A put option on NZ$ exists with an exercise price of $.65, a premium of $.01, and a 180-day expiration date. Patton Co. has developed the following probability distribution for the spot rate in 180 days and is considering using an option hedge. Possible Spot Rate in 90 Days $.63 $.67 $.69 Probability 25% 35% 40% What is the probability that the Option hedge will be beneficial to Patton = 6) (3 pts) Assume that Patton Co. will receive 100,000 New Zealand dollars (NZS) in 180 days. Today's spot rate of the NZ$ is $.657/1NZD. A call option on NZ$ exists, with an exercise price of $.65, a premium of $.02, and a 180-day expiration date. A put option on NZ$ exists with an exercise price of $.65, a premium of $.01, and a 180-day expiration date. Patton Co. has developed the following probability distribution for the spot rate in 180 days and is considering using an option hedge. Possible Spot Rate in 90 Days $.63 $.67 $.69 Probability 25% 35% 40% What is the probability that the Option hedge will be beneficial to Patton =