$$1\mathrm{.}1934/$ Current spot rate

$$1\mathrm{.}1995/4-$month forward rate

$$1\mathrm{.}2067/4-$month expected FX rate

$2\mathrm{.}3\%$ : $120-$day investing rate in USA

$4\mathrm{.}5\%$ : $120-$day borrowing rate in USA

$1\mathrm{.}5\%$ : $120-$day investing rate in France

$3\mathrm{.}0\%$ : $120-$day borrowing rate in France

$16\mathrm{.}0\%$: Bobcat$$s WACC

$1\mathrm{.}5\%$: Premium on PUT option

$2\mathrm{.}5\%$ Premium on CALL option

$$1\mathrm{.}2155/$ : CALL and PUT options strike price

Heavy Equipment Inc.a US$-$based manufacturer of heavy industrial equipment just sold the equipment for E$6,000,000$ to a company in Germany.According to the terms of sale,the buyer is allowed to make a payment in $4$ months$(120$ days$).$As a hedging specialist,you need to explore different ways of hedging Heavy Equipment$$s transaction exposure and to advise on the hedging strategy.

Q#$1$:Compute the proceeds of remain uncovered$(1$ point$)$

Q#$2$:Compute the proceeds of the forward market hedge$(1$ point$)$

Q#$3$:Compute the proceeds of money market hedge$(4$ points$)$

Q#$4$:Compute the proceeds of the option hedge$(4$ points$)$

Q#$5$:What hedging alternative would you advise for Heavy Equipment Inc.?$(1$ poincan you please give me step by step