Answer the following questions about OBG Corp. by entering the appropriate amounts in the associated cells. All answers should be in U.S. dollars rounded to the nearest cent. Question 1. What is the value of OBG Corp.'s liability on April 19, Year 6? 2. What is the value of OBG Corp.'s liability on December 31, Year 6? 3. What is the value of OBG Corp.'s forward contract on December 31, Year 6? 4. What is the financial gain or loss before settlement to OBG Corp. if the counter-party defaults? Amount 123 123 123 123 Currency Spot Market April 19, Year 6 CHANGE IN SETTLEMENT FROM YESTERDAY OPEN HI LO SETTLEMENT JAPANESE YEN per U.S. $ .8836 .8867 .8662 .8693 -.0136 EU EURO per U.S. $ .5930 .5930 .5847 .5860 -.0066 CANADIAN DOLLAR per U.S. $ .6579 .6583 .6570 .6577 -.0002 BRITISH POUND per U.S. $ 1.6576 1.6576 1.6418 1.6426 -.0146 SWISS FRANC per U.S. $ .7233 .7237 .7110 .7123 -.0111 AUSTRALIAN DOLLAR per U.S. $ .6295 .6325 .6265 .6289 +.0002 MEXICAN PESO per U.S. $ .09500 .09540 .09410 .09415 -.00450 From: Steve Muschamp, CEO, OBG Corp. RE: Potential Forward Contract Hedge Date: 11:58am on April 19, Year 6 Charlie, Let's do it! Best, Steve ---Reply--- To: Steve Muschamp, CEO, OBG Corp. From: Charlie Meyer, CFO, OBG Corp. Subject: Potential Forward Contract Hedge Date: 10:12am on April 19, Year 6 Hi Steve: Our investment bankers have found a third party willing to enter into a hedge with us for our 120,000 euros exposure due on December 31, Year 6. The forward rate would be .63 Euro per USD. I need to let the bankers know by 2pm today whether you want to take advantage of this forward contract. Please advise ASAP. Thanks! Best regards, Charlie Currency Spot Market December 31, Year 6 CHANGE IN SETTLEMENT OPEN HI LO SETTLEMENT FROM YESTERDAY JAPANESE YEN per U.S. $ .9720 .9754 .9528 .9562 -.0139 EU EURO per U.S. $ .6523 .6523 .6432 .6446 -.0067 CANADIAN DOLLAR per U.S. $ .6677 .6685 .6679 .6675 -.0002 BRITISH POUND per U.S. $ 1.6376 1.6376 1.6318 1.6326 -.0149 SWISS FRANC per U.S. $ .7956 .7961 .7821 .7835 -.0113 AUSTRALIAN DOLLAR per U.S. $ .6480 .6598 .6473 .6578 +.0011 MEXICAN PESO per U.S. $ .09372 .09492 .09268 .09312 -.00459