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You are expecting a payment of 1 million euros a year from now on march 1st 2022 How could you have used options on march

You are expecting a payment of 1 million euros a year from now on march 1st 2022

How could you have used options on march 1st 2021, to eliminate your exchange risk and secure a minimum payment in USD?

a) Sell a put option in Euros for USD

b) Sell call option in Euros for USD

c) Buy put option on Euros for USD

d) Buy call option in Euros for USD

Please, give explanation for which answer you pick.

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