What Was the Overall Result of Having Entered into This

question 75

Multiple Choice

What was the overall result of having entered into this hedge of exposure to foreign exchange risk?

• A) $0
• B) $9,000 net loss on the option.
• C) $9,000 net gain on the option.
• D) $2,000 net gain on the option.
• E) $2,000 net loss.

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