Apple Inc. (California) purchased micro controller chips from Intel Inc (Tokyo). Apple Inc. owes Intel 600,000,000 yen in one year. We know the following: Current spot rate is 120 yen/US$ 1 year forward rate is 105 yen/US$ Annual interest rate is 4% in Japan & 7% in USA In addition, Apple Inc. can execute the following: Buy a 1 -year call option on yen Strike price 0.0080 per yen Premium; 0.013 cents/yen What is the future US$ costs using the forward hedge and the money hedge in the market? Select one: a. Forward hedge: 5714285 Money hedge: 5144230 b. Forward hedge: 5625285 Money hedge: 5752230 c. Forward hedge: 5769445 Money hedge: 515563 d. Forward hedge: 5752985 Money hedge: 5136430