7. Car Corp. (a U.S.-based company) sold parts to a Korean customer on December 16, 2013, with payment of 10 million Korcan won to be reccived on January 15, 2014. The following exchange rates applied: Forward Spot Rate Date Rate to Jan. 15 December 16, 2013 $.00092 $.00098 December 31, 2013 .00090 .00093 January 15, 2014 .00095 .00095 Assuming a forward contract was entered into the foreign currency was originally sold in the foreign currency market on December 16, 2013 at a 3 A. forward contract discount $600. B. forward contract premium $600. C. forward contract discount $980. D. forward discount premium $980