The spot rate on the euro is $1.2000/, while the three-month forward rate is $1.2500/. A call option on euros is written with a strike price of $1.2000/ at a premium of $0.005/ and with an expiration date three months from now. A put option on euros is written with a strike price of $1.2000/ at a premium of $0.004/ and with an expiration date three months from now. Each option is for 100,000. a. If a U.S. corporation wants to use options to hedge against an accounts receivable for the amount of 400,000 to be received in 3 months, given the information provided above, the company should (buy or sell) (how many) (put or call) options. b. What's the total cost (premium) of the option hedging? c. If the spot rate in 3 months turns out to be $1.2400/, what should the company do to convert 400,000 to $