Question: You will receive NOK 8 0 M in 1 year. You decide to hedge with options. Compute your USD revenue if the spot rate in

You willreceive NOK 80M in 1 year. You decide to hedge with options. Compute your USD revenue if the spot rate in 1 year is NOK 9/USD. BE EXTRA CAREFUL! the strike price of the option is USD 0.125/NOK. Round to the nearest dollar.

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