Viner Co., an Australian company, has developed the following probabilitydistribution for the spot rate of the Chinese yuan (CNY) against the Australian dollar (A$) in six months to buy put options on CNY1.35 million with an exercise price of A$0.3098 and a premium of A$0.0318.?????A$0.2252 [32 per cent probability]????A$0.4471 [34 per cent probability]????A$0.5467 [(100-32-34) per cent probability]What is the expected value of the cash to be received in A$ from the put option hedge? (enter the whole number without sign and symbol)BusinessFinanceBUS 330

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