An exporter expects to receive 1 Million USD in six months. The current Spot Rate is 83.00 INR/USD. The 6-month Forward Rate is 84.50 INR/USD. To hedge the exchange rate risk, the exporter considers two strategies: a Forward Contract at 84.50 INR/USD or buying a Put Option with a strike of 84.00 INR/USD at a premium of 0.30 INR per USD. If the spot rate at maturity turns out to be 82.50 INR/USD, which strategy yielded the higher net realization in INR, and what was the difference in total proceeds?

A UK-based company, British Co, has a subsidiary in the Eurozone. The subsidiary's assets exceed its liabilities, with a net exposure of €5 million. The subsidiary's financial performance is reported in British Co's home currency, Pound Sterling (£). The current exchange rate is €1.17 to £1. Due to volatility, the euro is expected to depreciate against the pound. Which of the following statements correctly describes the foreign exchange risk and impact?

Which of the following internal techniques or actions is NOT typically considered a method used directly for corporate external hedging?