If the spot rate at the time of maturity is 85 what is the, Financial Management

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If the spot rate at the time of maturity is 85 what is the

A U.S. corporation has purchased currency put options to hedge a 100,000 Canadian dollar (C$) receivable. The premium is $.01 and the exercise price of the option is $.75. If the spot rate at the time of maturity is $.85, what is the net amount received by the corporation if it acts rationally?

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Financial Management: If the spot rate at the time of maturity is 85 what is the

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