An exporter exports goods worth $ $1000$ from USA and he has to get exports proceeds after $90$ days. He is expecting changes in the exchange rate. So he goes for hedging the risk. The currency market has the following data:

$($a$)$ Spot rate is $40/$US S

$($b$)90-$day forward rate is $39\mathrm{.}50/$US $

$($c$)$ Interest rate on borrowing in India and USA is $6$ per cent p$.$a$.$

$($d$)$ Interest rate on deposit$/$investment is $5$ per cent p$.$a$.$

$($g$)$ Spot rate on the $90$th day is $39\mathrm{.}80/$US $$.$

Will he go for hedge? If so$,$ which of the options will he select?