Bobcat Company, U$.$S$.-$based manufacturer of industrial equipment, just purchased a Korean company that produces plastic nuts and bolts for heavy equipment. The purchase price was Won$8,000$ million. Won$2,000$ million has already been paid, and the remaining Won$6,000$ million is due in six months. The current spot rate is Won$1,210/$$$,$ and the $6-$month forward rate is Won $1,275/$$$.$ The six$-$month Korean won interest rate is $18\%$ per annum, the six$-$month US dollar rate is $6\%$ per annum. Bobcat can invest at these interest rates or borrow at $3\%$ per annum above those rates. A six$-$month call option on won with a $1400/$$ strike rate has a $4\mathrm{.}0\%$ premium, while the six$-$month put option at the same strike rate has a $3\mathrm{.}4\%$ premium.Bobcat can invest at the rates given above or borrow at $2\%$ per annum above those rates. Bobcat's weighted average cost of capital is $12\%.$Required:Illustrate, with detailed computations, alternate ways that Bobcat might deal with its foreign exchange exposure $(20$ points$).($ii$)$Which alternative method do you recommend, and why? $(4$ points$).$