Car Corp. (a U.S.-based company) sold parts to a Korean customer on December 16, 2018, with payment of 10 million Korean won to be received on January 15, 2019. The following exchange rates applied: Date December 16, 2018 December 31, 2018 January 15, 2019 Formed Spot Rate Rate to Jan 15 $.00092 5.0009 00090 00095 00093 00095 Car Corp.'s 2018 income Assume an annual interest The present value for one Assuming a forward contract was entered into on December 16, what would be the net impact on statement related to this transaction? rate of 12% and a fair value hedge. half-month at 12% is .9950. a. $ 200 (positive). b. $ 490 (negative). c. $ 10,195 (positive). d. $ 9,300 (negative). e. $9.498 (positive).