\fScenario 1: The company uses the spot rate on April lst to convert its sales revenue in MYR to US. dollars. Scenario 2: On January lst, the company uses that day's forward rate today to lock in a foreign exchange rate for its expected 1.25 million MYR in sales. This means the company agreed to exchange 1.25 million MYR using the forward rate on January lst when April 1 arrives. Scenario 3: Another option for the company is to spend the foreign currency and avoid any currency exchange. Because it is a manufacturing company, raw materials are always needed. 0 Foreign Exchange Calculations: Determine the protability of the international business by using foreign exchange calculations for the rst and second scenarios. 0 Spend or Save: Discuss what you would need to consider when determining if the company should buy raw materials with the foreign currency in an effort to avoid foreign exchange risk and whether this is a viable option for the company. 0 Conclusion: After determining the result for each scenario, explain the importance to a company's nancial results of considering foreign exchange risk