(Answered) You have an account receivable of c 150000 that is due in

Management Studies

You have an account receivable of C$ 150,000 that is due in six months. You hedged this long position against currency risk in the options market by buying a put option at strike price of $0.9750. If the premium on the option is $0.005 per C$, what is the hedged outcome of this accounts receivable?

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