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Your firm will need to buy Euros in 3 months. Your boss tells you to identify an option hedge that will guarantee a target maximum

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Your firm will need to buy Euros in 3 months. Your boss tells you to identify an option hedge that will guarantee a target maximum cost amount when bought, net all-in including option premium. The maximum net target from the boss is equivalent to paying $1.1730 / Euro net all-included. Which choice meets the goal? a) CALL option, Strike $1.160/E, Premium $0.015 b) Put option, Strike $1.150/E, Premium $0.02/E c) CALL option, Strike $1.155/E, Premium $0.0162 d) none of these other three choices Previous Page Next Page Page 3 of 3

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