Answer question 2 and provide the value. Then for question three write one paragraph that answers the question.

Question 2 2 pts You are doing some consulting work for a communications firm in Thailand. You will be paid B468,187 (Thai Baht) seven months from now when the work is done. In order to hedge against an unfavorable exchange rate when you get paid, you decide to purchase a put option with a striking price of B31.33/$. The premium rate is 0.001 US cents per Thai Baht. Seven months from now, the exchange rate is $33.31/$. How much better off (in terms of US Dollars) are you AT THE MARGIN if you exercise the option versus if you were to exchange your paycheck on the spot market on the day you get paid? Enter a negative number if you're worse off. Round to two decimal places. Question 3 2 pt This is a follow-up to the previous question. Would you have been better off having never purchased the option? Why or why not? Edit View Insert Format Tools Table 12pt ~ Paragraph EVE To