b. Calvin Klein is pending payment of Mexican Peso6,000,000 in 30 days for a shipment from Tijuana, Mexico. Below are the following interest and exchange rates. Spot rate 30 days forward rate 30-day put option on dollars at Peso 12.90/$ 30-day call option on dollars at Peso 13.10/$ Peso 13.00/$ Peso 13.10/$ 1% premium 3% premium 7.5% 15% US dollar 30-day annual interest rate Peso 30-day annual interest rate Required: Between a forward contract and a put option, which contract should Calvin Klein choose? (9 marks)