On May 3, 2023, you convert 200,000 U.S. dollars to Japanese yen at 136/$ in the spot foreign exchange market and purchase a six-month forward contract to convert yen into dollars at 133/$. How much will you receive in U.S. dollars at the end of six months? $204,511 O $361,760 O $195,588 O $110,571

On May 3, 2023, you convert 200,000 U.S. dollars to Japanese yen at 136/$ in the spot foreign exchange market and purchase a six-month forward contract to convert yen into dollars at 133/$. How much will you receive in U.S. dollars at the end of six months? $204,511$361,760$195,588$110,571