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The current exchange rate CAD/USD is $0.75. A trader expects to receive one million USD three months and would like to convert the money into

The current exchange rate CAD/USD is $0.75. A trader expects to receive one million USD three months and would like to convert the money into Canadian dollar. What option strategies can be used to lock in an exchange rate between $0.7 USD/CAD and $0.8 USD/CAD

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