Mr. Curtis was enlightened by the information you provided butwould like to lear

Mr. Curtis was enlightened by the information you provided butwould like to learn if there are alternative methods available fordealing with currency risks. He requests that you research materialfrom the Library and/or the Internet to construct a 2-3 page memoon the differences between buying a call option selling a calloption buying a put option and selling a put option. Also givean example of a business scenario in which it would be appropriateto use each of the contracts (a put and a call contract). Ifinstead you chose to use the forward market assume you were goingto receive 100000 Japanese yen in 6 months and the currentexchange rate was 5 yen equals 1 U.S. dollar. How many yen wouldyou sell or buy in the forward market? Be sure to cite allreferences using the appropriate citation format.