A U.S. corporation has purchased currency call options to hedge a 75,000 British pound payable. The premium is $.035, and the exercise price of the option is $1.35. If the spot rate at the time of maturity is $1.45, what is the total amount paid by the corporation if it acts rationally? $103.875 $101,250 O $111,375 $106.125 $98.625