QUESTION 3 NOTE: This Question is 15 POINTS Nike is expecting a payment of 10 mio in 6 months (they are long GBP). The Forward is: $1.3000/ Nike Purchases a 6 month Put/$ Call Struck at $1.3000/ , for $.06/ How much will it cost them to buy the GBP put, and what is the break even on the ENTIRE position (the expected revenue + the option premium)? Hint: Remember the gain and the breakeven occur as GBP rises. A. The option costs 400,500, and the break even is $1.2550/ B. The option costs $600,000 and the break even is $1.2050/ OC. The option costs $600,000 and the break even is $1.2400/ D. The option costs $600,000 and the break even is $1.3600/