Example 17.5 demonstrates that hedging is profitable for the Starpower Corporation. Demonstrate that the benefit to hedging

Question:

Example 17.5 demonstrates that hedging is profitable for the Starpower Corporation. Demonstrate that the benefit to hedging is less if Starpower is more profitable. Do this by redoing Example 17.5 with possible exchange rates of $0.65/CHF and $0.45/CHF.