uiz Instructions Question 6 1 pts A US MNE, with receivables denominated in Norwegian Krone, forecasts a future decline in the value of the Norwegian Krone. What step should the MNE take to protect itself from foreign exchange risk? O Short a put option O Do nothing. Short a futures contract Long a futures contract Long a call option Previous Question 8 1 pts ons Hugo Drake is a currency trader who holds a call option with a strike price of $0.70/AUD, at an option premium of $0.0025 per Australian Dollar (AUD), and an expiration date 180 days from today. The option is for AUD 1 million. What is the gain or loss to Hugo on expiration of the option if the spot rate at maturity is AUD1.46/$? $22,500 gain O $2,500 loss $22,500 loss $0 O $2,500 gain