What is the total amount of dollars paid

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Question: A firm wants to use an option to hedge 12.5 million in payable to New Zealand firms. The premium is $.04. The exercise price is $.45. If the option is exercised, what is the total amount of dollars paid (after accounting for the premium paid)? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131975911

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