4) Z Corporation i... 12 Corporation, located in the United States, has an accounts receivable of 750 million yen in VHC year from a bank in Tokyo. The current spot rate is Yen 116/$1.00 and the one year forward and 18 en 109/$1.00. The annual interest rate is 3 percent in Japan and 6 percent in the United States. XYZ can also buy a one-year put option on yen at the strike price of $0.0084 per yen for a premium of 0.012 cent per yen. What is the future of the accounts receivable