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please answer q 27 28 29 and 30 ASAP please Harmony of Manhattan, New York, is building a new factory in Malaysia. In three months,

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please answer q 27 28 29 and 30 ASAP please

Harmony of Manhattan, New York, is building a new factory in Malaysia. In three months, the company has to pay RM 30,000,000. The currency is Malaysian Ringgit. Harmony's weighted average cost of capital is 15%. The foreign exchange and interest quotations are the following: Harmony's treasury manager, concerned about the exchange rate fluctuations, contemplates hedging its foreign exchange risk. The manager's own forecast is as follows: Harmony can remain unhedged, purchase ringgit forward or invest. Calculate the cost of each alterative 27. Wait six onths and make payment at spot rate: choose the correct valuns coriesponding to the expected rates given. A. $6,250,000.00,$6,666,66.67,$7,894,736.84 B. $6,350,000.00,$6,766,66.67,$8,894,736.84 C. $6,250,000.00,$6,766,66.67,$7,894,736.84 D. $6,250,000.00,$6,666,66.67,$8,894,736.84 28. Purchase Ringgit forward 3-months: A. $6,666,66.67 B. $7,142,857.14 C. $7,500,000 D. $7,894,736.84 29. Transfer dollars to Ringgit today, invest for 3-months: A. $7,352,941.18 B. $7,500,000 C. 7,628,676.47 D. 7,650,000 30. Choose the best alternative A. Remain Unhedged B. All the alternatives are equally good C. Transferring dollars to Ringgit and investing them for 3 -months D. Forward Contract

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