Molgjoly Watch Imports has agreed to purchase 10,000 Swiss watches for 1 milion francs at today's spot rate. The firm's financial manager. James Desreumaux, has noted the following current spot and forward rates: On the some day, Desreumaux agrees to purchase 10,000 more watches in 3 months at the same price of 1 milion 5 wiss francs. a. What is the cost of the watches in U.5. doliars, if purchased at today's spot rate? Write out your answer completely. For example, 5 milion sheuld be entered as 5,000,000, Round your answer to the nearest dollar. 3. Whit is the cost in dollars of the second 10,000 batch if payment is made in 90 days and the spot rate at that time equals today's 90 -day formairs inte? Winte cut your answer completely. For example, 5 million should be entered as 5,000, 000. Round your answer to the nearest dollar 6. If the exctange rate is 0.55 . Wwiss francs per dollar in 90 days, how much will Desreumaux have to pay (in dollars) for the watches? Write out. your answer enomaletely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest dollar. Assume that internst rate parity holds and that 90 -day risk-free securities yield 5olb in the United States and-5.5\% in Germany. In the spot market, 1 euro equals 51.35 What is the 90-day forward rate? Do not round intermediate calculations. Round your answer to four decimal places. Is the 90 -dsy forward rate trading at a premlum or discount relative to the spot rate? The 90-day forward rote is trading at a relative to the spot rate