10. Hopkins Corporation has a subsidiaryr Iooated in Singapore. Next 1glear, the Singapore sul::usidian,ur is expected to generate income of S$2,000,000. Hopkins decides to hedge its translation exposure using a forward oontraot. Tl1e 1?.Ii30-da'1lr forward rate for the Singapore dollar is $0.50. If the Singapore dollar by $0.03, Hopkins will have realized a of $ . a. [Depreciates; gain; 00,000] and [Appreoiates; loss; 00,000] b. Depreoiates; loss; 00,000 o. Appreoiates; gain; 00,000 d. Appreciates; loss; 00,000 e. Depreoiates; gain; 00,000