Question: Reprinted from above - Bryant Corp. will receive will receive 1,500,000 in 30 days. As their CFO, you have the following information and must determine

Reprinted from above - Bryant Corp. will receive will receive 1,500,000 in 30 days. As their CFO, you have the following information and must determine the total dollar amount received (after accounting for the option premium) if the firm purchases and exercises an option: Exercise price = $0.61 Premium = $0.05 Spot rate = $0.60 Expected spot rate in 30 days = $0.56 30day forward rate = $0.62 In this problem, you are to draw the Profit / Loss diagram

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