115 minutes remaining 10 OF 10 QUESTIONS REMAINING Time 120 You will use the following information for the next six problems 11-61. Eldorado's is a US fast food chain which imports supplies. from Mexico. The company will need 1.000.000 Mexican pesos (MXN) in one year to pay its suppliers. The firm expects the following exchange rate scenarios and probabilities: At Scenario A B C Spot rate in one year $0.0541 $0.055 $0.0559 Probability 0.5 0.3 0.2 The spot rate is $0.055 per peso and the one-year forward rate is $0.0555 per peso. The U.S. interest rate is 4% and the Mexican interest rate is 11%. A call option on pesos expiring in one year costs $0.0044 per peso and has an exercise price of $0.055 per peso. What is the expected cost of obtaining 1,000,000 pesos in one year if the company does not hedge its payables (in $)? A $54,900 B $55,190 $54,620 $54,730 Gra