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You are an American (USD or $) exporter selling to Singapore(SGD or Sd). The transaction size is 545,556 SGD due in 2 months. This option

You are an American (USD or $) exporter selling to Singapore(SGD or Sd). The transaction size is 545,556 SGD due in 2 months. This option has an exercise price of 0.79 and comes in contract sizes of 100,000Sgd. How much would you eventually receive for the goods if you hedged with options given the following data. All numbers are $/Sd. your answer can be to the nearest dollar.

Now 2 months from now

bid ask

Spot 0.604 0.623

Call Put Call Put

Options 0.031 0.036 0 0.203

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