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The U . S . government is purchasing medications from a British pharmaceutical for GBP 4 8 3 3 6 6 4 4 . To

The U.S. government is purchasing medications from a British pharmaceutical for GBP 48336644. To hedge its position, the government entered in a call option contract with exercise price of $ 1.44/ GBP and premium of $ 0.07/ GBP.
How much will be the ultimate dollar cost of the medications if at expiration to spot rate is $ 1.39/GBP.

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