A U.S importer has just made a contract with a Korean manufacturer to purchase a fabricator machinery and must pay the invoice in 6 months from now. Purchase price is 18,500,000 Korean Won and the current spot rate is Won1,050/$. He has decided to hedge the transaction with option and he has received the following quotations from a bank: Call option on Korean Won : Strike price : 1,200.00 Won; option premium: 3% Put option on Korean Won : Strike price : 1,200.00 Won; option premium: 2.4% What would be the maximum cost after six months for this U.S importer, with option hedging, if his WACC is 10% p.a.? Select one: O a. $ 15,971.67 O b. $ 14,812.20 C. $ 14,785.77 O d. $ 15,998.10