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please do steps and show all work on excel Your company a U.S.-based company has sales in Europe, Asia, and the Americas thus you have

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Your company a U.S.-based company has sales in Europe, Asia, and the Americas thus you have receivables in different currencies. In November, your company delivered a shipment of your products to a major distributor in Kyoto. The receivable, 300 million, is due in 90 days, standard terms for the industry in Japan. Your treasury team has collected the following currency and market quotes. The company's foreign exchange advisors believe the currency will be at about $0.0091 in 90 days. Management does not use currency options in currency risk management activities. Decide on which hedging alternative is probably preferable. Assumptions Current Spot ($/4) $0.0094 90-day US interest rate 3.000% 90-day JPY interest rate 3.750% 90-day US borrowing rate 4.250% 90-day JPY borrowing rate 5.750%

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