Question: Discuss how foreign currency options can be used for hedging in the situation described in Example 1.1 so that (a) ImportCo is guaranteed that its

Discuss how foreign currency options can be used for hedging in the situation described in Example 1.1 so that
(a) ImportCo is guaranteed that its will be less than 1.5800,
(b) ExportCo is guaranteed that its will be at least 1.5400.

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