P&G India wishes to hedge an 8.5 million Japanese yen payable. Although options are not available on the Indir m India il current the pop i Data Table X hange ex 4219/RS in 180 d in 180 in 180 in 180 in 180 Spot rate 2.50477/Rs 180-day forward rate 2.4219/Rs Expected spot, 180 days 2.5994/Rs 180-day Indian rupee investing rate 7.63% 180-day Japanese yen investing rate 1.84% Currency agent's exchange rate fee 5.13% P&G India's cost of capital 12.69% Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet Print Done click Check Answer. Clear All - ONA tv HW Score! 16.19%, 2.43 of 15 pts Score! Ispis Problem 10-4 (algorithmic) Question Help P&G India. Procter and Gamble's affiliate in India, P&G India, procures much of its toiletries product line from a Japanese company. Because of the shortage of working capital in India, payment terms by Indian importers are typically 180 days or longer. P&G India wishes to hedge an 8.5 million Japanese yen payable. Although options are not available on the Indian rupee (Rs), forward rates are available against the yen. Additionally, a common practice in India is for companies like P&G India to work with a currency agent who will, in this case, lock in the current spot exchange rate in exchange for a 5.13% fee. Using the exchange rate and interest rate data in the popup window, compare alternate ways below that P&G India might deal with its foreign exchange exposure. Assume a 360-day financial year. a. How much in Indian rupees will P&G India pay in 180 days without a hedge if the expected spot rate in 180 days is assumed to be V2.50477/Rs? 2.4219/Rs? 2.5994/RS? b. How much in Indian rupees will P&G India pay in 180 days with a forward market hedge? c. How much in Indian rupees will P&G India pay in 180 days with a money market hedge? d. How much in Indian rupees will P&G India pay in 180 days with a currency agent hedge? e. What do you recommend? a. How much in Indian rupees will P&G India pay in 180 days without a hedge if the expected spot rate in 180 days is assumed to be V2.50477/Rs? Rs (Round to the nearest whole number.) Enter your answer in the answer box and then click Check Answer. parts Clear All Check Answer O remaining