An Australian company has receivables of USD100,000, due in six months. The current AUD/USD exchange rate is 1.7900/1.8000. The expected exchange rate is 1.8200/1.8300 in six months' time. The six-month put with a strike of 1.8700 has a premium of AUD0.03. Calculate the estimated Australian dollar value of the receivables if an options hedge is taken out and the forecast turns out to be correct.
A) AUD186,000
B) AUD182,000
C) AUD184,000
D) AUD183,000

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The Answer of An Australian company has receivables of USD100,000, due in six months. The current AUD/USD exchange rate is 1.7900/1.8000. The expected exchange rate is 1.8200/1.8300 in six months' time. The six-month put with a strike of 1.8700 has a premium of AUD0.03. Calculate the estimated Australian dollar value of the receivables if an options hedge is taken out and the forecast turns out to be correct.
A) AUD186,000
B) AUD182,000
C) AUD184,000
D) AUD183,000

An Australian Company Has Receivables of USD100,000, Due in Six