10.8 Caribou River.Caribou RiverLtd.a Canadian man Spot rate(T$/RM)735 ufacturer of raincoats.does not selectively hedge its 3-month forwardrate(T$/RM)6.95 transaction exposure.Instead.if the date of the trans 3-month Taiwan dollar deposit rate 1.700%action is known with certainty all foreien currency 3-month Malaysian ringgit 6.500%denominated cash flows must utilize the following borrowing rate mandatory forward cover formula:3-month call option onT$not available Mandatory 180 days Forward Cover 0-90 days 91-180 days Analvze the cost and risks of each alternative.and Paying the 75%60%50%then make a recommendation as to which alternative points forward Ahmad Chik should choose.Receiving the points forward 100%90%50%