Information about Firm Premium V: 1. Firm PremiumV is a car manufacturer located in the United State. 2. The firm imports parts to USA from foreign suppliers in Japan, South Korea and Mexico. 3. The firm exports cars to Australia, Canada, Germany and Norway. 4. The firm has a payment of 600,000,000 JPY due in 1 months to their Supplier 1 in Japan, a payment of 200,000,000 JPY due in 3 months to their Supplier 2 in Japan, a payment of 8,000,000,000 KRW due in 3 months to their Supplier in South Korea, and a payment of 10,000,000 MXN due in 3 months to their Supplier in Mexico. 5. The firm is due to receive 50,000,000 AUD from their customer in Australia in 3 months, 50,000,000 CAD from their customer in Canada in 6 months, 20,000,000 EUR from their customer in Germany in 3 months and 100,000,000 NOK from their customer in Norway in 3 months. 3. Please design hedging strategies for the firm. You need to explain why your chosen hedging strategies are better than the other strategies. 4. You also need to evaluate the hedging outcomes - what will the outcomes be if exposures are hedged using your hedging strategies and what will the outcomes be if exposures are not hedged. Information about Firm Premium V: 1. Firm PremiumV is a car manufacturer located in the United State. 2. The firm imports parts to USA from foreign suppliers in Japan, South Korea and Mexico. 3. The firm exports cars to Australia, Canada, Germany and Norway. 4. The firm has a payment of 600,000,000 JPY due in 1 months to their Supplier 1 in Japan, a payment of 200,000,000 JPY due in 3 months to their Supplier 2 in Japan, a payment of 8,000,000,000 KRW due in 3 months to their Supplier in South Korea, and a payment of 10,000,000 MXN due in 3 months to their Supplier in Mexico. 5. The firm is due to receive 50,000,000 AUD from their customer in Australia in 3 months, 50,000,000 CAD from their customer in Canada in 6 months, 20,000,000 EUR from their customer in Germany in 3 months and 100,000,000 NOK from their customer in Norway in 3 months. 3. Please design hedging strategies for the firm. You need to explain why your chosen hedging strategies are better than the other strategies. 4. You also need to evaluate the hedging outcomes - what will the outcomes be if exposures are hedged using your hedging strategies and what will the outcomes be if exposures are not hedged