Find the hedge ratio for a call option on 10,000 with a strike price of 15,000. The current exchange rate is 1.00 and in the next period the exchange...

Find the hedge ratio for a call option on £10,000 with a strike price of €15,000. The current exchange rate is €1.50/£1.00 and in the next period the exchange rate can increase to €2.40/£ or decrease to €0.9375/£. The current interest rates are i€ = 3% and are i£ = 4%.