Given the data provided, your company would like to know: Focusing on current exchange rates, how would you use a put option for the Brazilian real that allows you to$$SELL$1$ dollar for $6$ reals in the sugar trade?

Group of answer choices

Use the put option to be able to purchase more sugar from Brazil for a higher dollar amount

Use the put option and sell more sugar in Brazil for more dollars

Use the put option and sell more sugar in Brazil for the same dollar amount

Do not use the put option as it is not beneficial

Use the put option to be able to purchase more sugar from Brazil for the same dollar amount