Question: What was the net increase or decrease in cash flow from having purchased the foreign currency option to hedge this exposure to foreign exchange risk?

What was the net increase or decrease in cash flow from having purchased the foreign currency option to hedge this exposure to foreign exchange risk? LO9 u. $—0—.

b. $ 1,000 increase in cash flow.

c. $ 1,500 decrease in cash flow.

d. $3,000 increase in cash flow.

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