Caribou River. Caribou River, Ltd., a Canadian manufacturer of raincoats, does not selectively hedge its transaction exposure. Instead, if the date of the transaction is known with certainty, all foreign currency-denominated cash flows must utilize the following mandatory forward cover formula: B Caribou expects to receive multiple payments in Danish kroner over the next year. Kr3,400,000 is due in 90 days: Kr2,100,000 is due in 180 days; and Kr1,000,000 is due in one year. Using the following spot and forward exchange rates, B. what would be the amount of forward cover required by company policy for each period? What would be the Canadian dollar amount of forward cover required by company policy in 3 months? - - X Data table CS (Round to the nearest cent.) () - X Data table Mandatory Forward Cover 0-90 days 91-180 days 180 days Paying the points forward 80% 65% 40% Receiving the points forward 100% 90% 50% Click on the icon located on the top-right comer of the data fable in order to copy its contents into a spreadsheet. Spot rate, kr/C$ 4.61 3-month forward rate, Krics 4.63 6-month forward rate, kr/CS 4.66 12-month forward rate, kr/C$ 4.68 Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet. Print Done Print Done