Boisjoly Wotch Imports bas agreed to purchase 18,000 Swiss watches for 1 mulion francs at today's spot rate. The firm's financial manager, James Desreumaux, has noted the following current spot and forward rates: On the same day, Desreumaux agrees to purchase 18,000 more watches in 3 months at tha same price un a wamivn amm. franes. 8. What is the colt of the watches in U.S. dollars, if purchssed at todey's spot rate? Write out your answer completely. For example, 5 milion should be entered as 5.000.000. Round your answer to the nearest doller. 1. b. What is the cost in doliars of the second 18,000 batch if poyment is made in 90 days and the spot rate at that lime equals todsy's 90 -day forward rate? Write out vour answer completely. For example, 5 mililion should be entered as 5,000,000. Round your answer to the nearest dollar. 5 c. If the exchange rate is 0.45 Swiss francs per dollar in 90 days, how much will Desreumaux have to pay (in dollars) for the watehes? Write out your answer completely. For example, 5 milion should be entered as 5,000,000. Round your answer to the nearest dollar. 5