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Summight Corp, a US based corporation, wil receive a payment of GBP 62,500 in three...

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Summight Corp, a US based corporation, wil receive a payment of GBP 62,500 in three mentha. To hedge this pesten, the corpericon plans fo purchase a but op6on conerict tor GBP 62.500 with a strike price of $1.40 and premium of 50,15 . It the spol price in three months is 51.27 co.p. how much will the corporation receise in toty? submit your friel answer br doliars rounded to two decimal places (Ex.50.00)

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