am is close 3. (40 points) Apple Inc, has a battery contract widh a Singapore supplier. Apple Inc, will pas 30 million Singapore dollars (SS) and is due in three months. The current spot and 3-month forward exchange rates are $0.73/SS a. Draw Apple's expected future cash flow in Singapore dollars on a time line. Form a forward market hedge. Indicate how the hedge eliminates forcign exchange exposure by identifying the forward contract's cash inflows and outflows on a time line. b. e. The Singapore Exchange (SGX) trades S/ss future contracts that expire in five monthrs sans-a should with a contract size of S$25,000. You estimate B- 1.02 based on the regression +B fut, s e. The r' of this regression y S/SS you buy to minimize the risk of your hedged position? is 0.97. How man Please describe the differences between currency forward contracts, currency future contracts, currency option, and currency swap contracts. d. am is close 3. (40 points) Apple Inc, has a battery contract widh a Singapore supplier. Apple Inc, will pas 30 million Singapore dollars (SS) and is due in three months. The current spot and 3-month forward exchange rates are $0.73/SS a. Draw Apple's expected future cash flow in Singapore dollars on a time line. Form a forward market hedge. Indicate how the hedge eliminates forcign exchange exposure by identifying the forward contract's cash inflows and outflows on a time line. b. e. The Singapore Exchange (SGX) trades S/ss future contracts that expire in five monthrs sans-a should with a contract size of S$25,000. You estimate B- 1.02 based on the regression +B fut, s e. The r' of this regression y S/SS you buy to minimize the risk of your hedged position? is 0.97. How man Please describe the differences between currency forward contracts, currency future contracts, currency option, and currency swap contracts. d