only one of the answer selections is right.

Here are direct spot and forward markets quotes for MXN over three points in time: now (1/1/XX), one month later (2/1/XX), three months later (4/1/XX), and six months bater (7/1/XX). On 1/1/XX, IBM bought a 1 month forward contract of MXN 1,000,000 from Bank One. Based on this transaction, today (1/1/XX)18M will pay to Bank One and Bank One will pay IBM nothine: nothing USO 90,400; MXN 1.000,000 USD 89,100,MONN1,000000 MXN/ Loc00000; USD 89.100