1. Histolab has a Canadian dollar (CAD) denominated payables in 180 days with the amount of CAD 691,000. The spot rate i

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answerhappygod
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1. Histolab has a Canadian dollar (CAD) denominated payables in 180 days with the amount of CAD 691,000. The spot rate i

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1. Histolab has a Canadian dollar (CAD) denominated payables in
180 days with the amount of CAD 691,000. The spot rate is USD
1.4958/CAD. The 180-day forward rate is USD 1.2019/CAD. Histolab
has been offered with European call and put options on the Canadian
dollar. The call option has a strike price of USD 1.7703 and a
premium of USD 0.18. The put option has a strike price of USD
1.6696 and a premium of USD 0.17. If the spot rate of CAD in 180
days is 1.5108 US dollars, find the net payables if the company
acts rationally.
a.1,051,702
b.1,168,343
c.934,232
d.1,043,963
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