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What would be the premium expense, in home currency, for a Japanese firm to purchase an option to sell 700,000 U.S. dollars, assuming the initial
What would be the premium expense, in home currency, for a Japanese firm to purchase an option to sell 700,000 U.S. dollars, assuming the initial values listed in this table:
The premium expense, in home currency, is (Round to two decimal places.)
A Japanese firm wishing to buy A U.S.-based firm wishing to buy or sell dollars (the foreign currency) or sell yen (the foreign currency)
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