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a . How much in U . S . dollars will Micca pay in 6 months without a hedge if the expected spot rate in

a. How much in U.S. dollars will Micca pay in 6 months without a hedge if the expected spot rate in 6 months is assumed to be 10.70 dirhams per dollar? 11.20 dirhams per dollar?
b. How much in U.S. dollars will Micca pay in 6 months with a forward market hedge?
c. How much in U.S. dollars will Micca pay in 6 months with a money market hedge?
d. How much in U.S. dollars will Micca pay in 6 months with an option hedge if the expected spot rate in 6 months is assumed to be less than 10.70 dirhams per dollar?
e. What is your recommendation?
a. How much in U.S. dollars will Micca pay in 6 months without a hedge if the expected spot rate in 6 months is assumed to be 10.70 dirhams per dollar?
(Round to the nearest cent.)
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