Trident - the same U.S.-based company discussed in this chapter, has concluded a second larger sale of telecommunications equipment to Regency (U.K.). Total payment of 2,000,000 is due in 90 days. Trident is considering buying 2,000,000 put options with strike of $1.54/. Given the following exchange rates and interest rates, how much is the (net) dollar receipt if the spot rate is $1.5581/ at the end of 90 days? Value 2,000,000.00 $1.5610 $1.5421 4.000% 6.000% 4.500% 8.000% Assumptions 90-day A/R in pounds Spot rate, US$ per pound ($/) 90-day forward rate, US$ per pound ($/E) 3-month U.S. dollar investment rate 3-month U.S. dollar borrowing rate 3-month UK investment interest rate 3-month UK borrowing interest rate Put options on the British pound: Strike rates, US$/pound ($/C) Strike rate ($/) Put option premium Strike rate (S/E) Put option premium Strike rate ($/E) Call option premium Trident's WACC Maria Gonzalez's expected spot rate in 90 days, USS per pound ($/L) $1.55 1.500% $1.54 1.000% $1.55 2.500% 9.000% $1.5431 Select one: $3,000,200.00 b. $3,048,077.55 C. Select one: a. $3,000,200.00 b. $3,048,077.55 c. $3,084,200.00 d. $3,116,122.45 e. $3,080,000.00