A U. S. corporation has purchased currency call options to hedge a 70,000 British pound payable. The premium is $.035, and the exercise price of the option is $1.30. If the spot rate at the time of maturity is $1.45, what is the total amount paid by the corporation if it acts rationally

Popeye produces 20 cans of spinach in 8 hours. wimpy produces 15 hamburgers in 10 hours. if each hamburger trades for 1.5 cans of spinach, then: a. wimpy’s production and productivity are greater than popeye’s. b. popeye’s production is greater than wimpy’s, but his productivity is less. c. wimpy’s production is greater than popeye’s, but his productivity is less. d. popeye’s production and productivity are greater than wimpy’s.