b. Assume that Kramer Co. will receive SF800,000 in 90 days. Todays spot rate of the Swiss franc is $.62, and the 90-day forward rate is $.645. Kramer has developed the following probability distribution for the spot rate in 90 days: Possible Spot Rate in 90 Days Probability $.61 10% $.63 20% $.64 40% $.65 30% Determine the probability that the forward hedge will result in more dollars received than not hedging