The exercise price is 45 if the option is exercised what is, Financial Management

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The exercise price is 45 if the option is exercised what is

A firm wants to use an option to hedge 12.5 million in payable to New Zealand firms. The premium is $.04. The exercise price is $.45. If the option is exercised, what is the total amount of dollars paid (after accounting for the premium paid)? ANSWER IN TOTAL DOLLAR AMOUNT NOT IN MILLIONS.

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Financial Management: The exercise price is 45 if the option is exercised what is

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Financial Management: The exercise price is 45 if the option is exercised what is

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