Airbus sold an aircraft, A400, to Delta Airlines, a U.S. company, and billed $50 million payable in six months. Airbus is concerned with the Euro proceeds from international sales and would like to control exchange risk. The current spot exchange rate is $1.27 and six-month forward exchange rate is $1.30/ at the moment. Airbus can buy a six-month call option on U.S. dollars with a strike price of 0.80/$ for a premium of 60.02 per U.S. dollar or can buy a six-month put option on U.S. dollars with a strike price of 0.80/$ for a premium of 0.03 per U.S. dollar. Currently, six-month interest rate is 6% 2.a.(3% for six months) in the euro zone and 8.0% pa. (4% for six months) in the U.S. If Airbus decides to hedge using money market instruments, what would be the future value of the euro proceeds from the American sale in this case? Pick the closest answer. 21,366,075 O 27.500,385 37.500.265 0.41.266,026