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K-Roo Ltd.'s is expecting to pay USD 7567 in 9 months from purchasing inputs from a US customer. K-Roo wants to use a money market

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K-Roo Ltd.'s is expecting to pay USD 7567 in 9 months from purchasing inputs from a US customer. K-Roo wants to use a money market hedge to lock in the AUD value of the payable. It observes the following interest and exchange rates: Annualized US 9-month interest rates: 9%-8.8% Annualized Australian 9-month interest rates: 3.5%-3.3% Spot AUD/USD rates: 1.2331-1.2346 AUD/USD. What is the AUD value of this payable using a money market hedge? O a. 9704.0727 O b. 6366.5110 c. 9690.4178 d. 8993.8569 e. 9820.6120

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