A firm has payable of euro 4800000 they had this exposure with a call option...

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Finance

A firm has payable of euro 4800000 they had this exposure with a call option with the strike price of dollar 1.3750/euro the premium of this option is dollars 0.1100 if at the time of the payment the spot price and up equal to 1.3475/ euro what is the firm total cost?

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