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You want you to sell 1.75 million British pounds (GBP) using put options and foreign exchange market. How much would be the net proceeds to
You want you to sell 1.75 million British pounds (GBP) using put options and foreign exchange market. How much would be the net proceeds to sell GBP1.75 million if the spot rate is A$1.6782 at the maturity (i.e., after 5 months)? (enter the whole number without sign and symbol).
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