【单选题】On December 1, 2018, Keenan Company, a U.S. firm, sold merchandise to Velez Company of Canada for 150,000 Canadian dollars (CAD). Collection of the receivable is due on February 1, 2019. Keenan purcha...
A.
te Spot rate Option premium
B.
cember 1,2018 $0.97 $0.05
C.
cember 31,2018 $0.95 $0.04
D.
bruary1,2019 $0.94 $0.03
E.
mpute the fair value of the foreign currency option at December 1, 2018.