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As an American importer, you made a purchase from France. It is in the amount...

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Finance

As an American importer, you made a purchase from France. It is in the amount of 850,000 Euros to be paid in 1 month. How much will you end up paying for your goods given that you hedged with options, futures, forwards, and not hedged.

Contract sizes are 225,000 per contract.

Call and Put options at exercise 1.19 $/E

Now 1 month later

Call Price .04 Call Price .12

Put Price .03 Put Price .00

Spot 1.171-1.172 $/E Spot 1.262-1.263$/E

Forward 1.19-1.192 $/E Forward 1.272-1.273$/E

Futures 1.196 Futures 1.267

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