Name Bobcat Company price was purchased a Korean company that produces plastic nuts and bolts for heavy equipment. The purchase Bobcat Company, U.S.-based manufacturer of industrial equipment, just Wons, 100 million Won 1,000 million has already been paid, and the remaining Won 100 milion is due in six months. The current spot rate is Won1,117/5, and the 6-month forward rate is Won 1, 168/5 The B- month Korean won interest rate is 15,5% per annum, the 6-month U.S. dollar rate is 3.5% per annum Bobcat can invest at these interest rates, or borrow at 2% per annum above those rates Bobcat can Invest at the rates given above, or borrow at 2% per annum above those rates. Bobcat's weighted average cost of capital is 10% Compare alternate ways below that Bobcat might deal with its foreign exchange exposure a. How much in U.S. dollars will Bobcat pay in 6 months without a hedge if the expected spot rate in 8 months is assumed to be Won 1.117/87 Won 1,168/5? b. How much in U.S. dollars will Bobcat pay in 6 months with a forward market hedge? c. How much in U.S. dollars will Bobcat pay in 6 months with a money market hedge? What do you recommend? Why