6. A U.S. firm has payables of 250,000 in nine months. The U.S. purchases a call option on the pound. The strike price is $1.62/ and the premium is $.06/. What is the total dollar amount paid for the pound payable if the spot rate in nine months is (Multiply any $/ amount by 250,000) $1.51/ $1.61/ $1.70/ $1.78/ 7. A U.S. firm has a MXN 25,000,000 payable (money they will owe to a supplier, for example) due in 4 months. The current exchange rate is $.082/MXN and the U.S. firm fears the MXN could appreciate substantially over the next 4 months. The interest rate on 4-month MXN money market deposits is 2.50% (a periodic rate, not a yearly rate). How could the U.S. firm execute a money market hedge? (Show everything and include numbers)