A U.S. firm holds an asset in France and faces the following scenario: In the above table, P is the euro ptice of the assetheld by the U.S. firm and Pis the dollar price of the asset. o. Compute the exchange exposire faced by the US, firm. b. What is the variance of the dollar price of this asset if the U.S. firm remains unhedged against this exposure? c. If the U.S. firm hedges against this exposure using a forward contract, what is the vatiance of the dollar value of the hedged position