A firm has a receivable of SFr 4,200,000.00. They hedge this exposure with a put...
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A firm has a receivable of SFr 4,200,000.00. They hedge this exposure with a put option with a strike price of $1.5000/SFr. The premium of the option is $0.1500. If at the time of payment the spot price ends up equal to $1.5600/SFr, how much did the firm end up with? Group of answer choices None of the alternatives $5,922,000 $6,552,000 $5,670,000 $6,300,000
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