car corp sold parts to a Korean customer on December 16,2013 with payment of 10 million Korean won to be received on January

l Login Mail- sHAMIMA.D... H Portal Log incitz... f Facebook E The New York mm... The war Street Jo... D CUNY (City Univer... Course Homo Car Corp. (a US-based company sold parts to a Korean customer on December 16.2013, with payment of 10 million Korean won to be received on January 15, 2014. The following exchange rates applied: Forward Spot Rate to Jan. 15 Date Rate December 16, 2013 S .00092 S .00098 December 31, 2013 00090 00093 January 15, 2014 00095 00095 Assuming a forward contract was entered into at what amount should the forward contract be recorded at December 31. 2013 Assume an annual interest rate of 12%, and a fair value present value for one half month at 12% $200. O $295. O $49750 O ssoo O $9300. ook Air