Exercise 4 You are the Treasurer for a company headquartered in Japan. Your CFO (i.e., Chief Finan- cial Officer), says that the company needs JPY for a small project in Osaka for the next 3 months. Since the project is not that big, nor will it take too long, you decide to use the company's existing funds to finance the project in the short run. The company currently has 350,000 USD in a U.S. financial institution that can be used for this project. a) If the current spot rate is EJPY/USD = 110 and F90 = 106. What does the foreign ex- change swap look like? Higlight the steps and timing involved. b) What if the F90 = 115