Question: Question 12 4 points Save Answer Summit Surgical Supplies (SSS), headquartered in New York, just placed an order for surgical masks with a supplier in
Question 12 4 points Save Answer Summit Surgical Supplies (SSS), headquartered in New York, just placed an order for surgical masks with a supplier in Mexico for MXN 100,000,000. The payment is due in 30 days. Use the following table to determine the value of Summit's payables if it uses currency options and exercises them in 30 days. WACC Current Spot Rate Premium on a 30-day call option (Strike price - MXN23/USD) 1.0% Premium on a 30-day put option (Strike price = MXN23/USD) 2.0% 12% per annum MXN24/USD a. USD 4,305,742.75 b. USD 4,389,492.75 C USD 4,905,733.12 d. USD 4,389,909.42 e USD 4,306,159.42
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