$($Transaction Exposure$)$Trident $-$ A U$.$S$.-$based company, has concluded a sale of telecommunications equipment to Regency $($U$.$K$.).$ A total payment of $2,000,000$ is due in $90$ days. The following table shows relevant exchange rates and interest rates. To hedge, the company is considering using $2,000,000$ put options with the strike of $$\frac{1\mathrm{.}55}{}.$ Compared to the forward hedge, the break$-$even spot rate for such options hedge is $ $$ in $90$ days. $($Keep four decimal numbers$/)$

Assumptions

$90-$day $\frac{A}{R}$ in pounds

Spot rate, US$ per pound $($$$/)$

$90-$day forward rate, US$ per pound $($$$/)$

$3-$month U$.$S$.$ dollar investment rate

$3-$month U$.$S$.$ dollar borrowing rate

$3-$month UK investment interest rate

$3-$month UK borrowing interest rate

Put options on the British pound: Strike rates,

US$$/$pound $($$$/)$

Strike rate $($$$/)$

Put option premium

Strike rate $(\frac{\text{\$}}{})$

Put option premium

Strike rate $(\frac{\text{\$}}{})$

Call option premium

Trident's WACC

Maria Gonzalez's expected spot rate in $90$ days, US$ per pound $(\frac{\text{\$}}{})$

Value

$[)$

$\backslash$table$[[2,000,000\mathrm{.}00$