Question: TRUE or FALSE (if false, please indicate why the statement is false in the space below the statement.?????? A U.S. company will pay 5 million

TRUE or FALSE (if false, please indicate why the statement is false in the space below the statement.?????? A U.S. company will pay 5 million for imports from Britain in 3 months. They may hedge the exposure by taking a short futures position in British pounds.An American option cannot be worth less than a European option, if they have the same underlyng asset, maturity, and strike price.The higher the strike price of a put option, the higher the price of the option, if the underlying asset and maturity are the same.The open interest of a futures contract at a particular time is the total number of long positions outstanding.

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