capital is $11\%.$ Compare alternate ways below that Najafi might deal with its foreign exchange exposure.

a$.$ How much in U$.$S$.$ dollars will Najafi pay in $6$ months without a hedge if the expected spot rate in $6$ months is assumed to be KRW$1,108=$ USD$1\mathrm{.}00?$ KRW$1,165=$ USD$1\mathrm{.}00?$

b$.$ How much in U$.$S$.$ dollars will Najafi pay in $6$ months with a forward market hedge?

c$.$ How much in U$.$S$.$ dollars will Najafi pay in $6$ months with a money market hedge?

e$.$ What do you recommend?

a$.$ How much in U$.$S$.$ dollars will Najafi pay in $6$ months without a hedge if the expected spot rate in $6$ months is assumed to be KRW$1,108=$ USD$1\mathrm{.}00?$

USD $($Round to the nearest cent.$)$