Match words at the bottom to the blank spaces. Micca Metals, Inc. is a...
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Match words at the bottom to the blank spaces.
Micca Metals, Inc. is a specialty materials and metals company located in Detroit. The company specializes in specific precious metals and materials that are used in a variety of pigment applications. Micca just purchased a shipment of phosphates from Australia for AUD6,000,000 payable in six months. Six month at-the money call options on AUD6,000,000 at an exercise price of USD0.9000/AUD1 are available at a premium of 3%. In the context of this information, drag and drop the labels in the appropriate spaces. Gain Loss Call Option Hedge Long Call S(USD/AUD) 180 days Hedged Payable Unhedged Payable USD0.9300/AUD1 USDO-9000/AUD1 USD0.8700/AUD1 Premium of USD180,000
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Match words at the bottom to the blank spaces.