please pick the best answers which are in the brackets, thanks.

Red River Co. (a U.S. firm) purchases imports that have a price of 400,000 Singapore dollars, and it has to pay for the imports in 90 days. It will use a 90 -day forward contract cover its payables. Assume that interest rate parity exists. This moming, the spot rate of the Singapore dollar was $0.50. At noon, the Federal Reserve reduced U.S. Interest rates, while there was no change in interest rates in Singapore. The Fed's actions Immediately increased the degree of uncertainty surrounding the value of the Singapore dollar over the next three months. The Singapore dollar's spot rate remained at $0.50 throughout the day Assume that the U.S. and Singapore interest rates were the same as of this morning. Also assume that the international Fisher effect holds. If Red River Co. purchased a currency ca option contract at the money this morning to hedge its exposure, would its total U.S. dolla cash outfilows be more than, less than, or the same as the total U.S. dollar cash outfiows if it had negotiated a forward contract this morning? Explain. The option is at the money so the exercise price is (less than, more than, the same as) the expected spot rate but you have to pay option premium. There is also the expectation that the future spot rate will be (no higher, no lower) than today's forward rate. Therefore, if Rec River Co. purchased a currency call option contract at the money this morning to hedge its exposure, its total U.S. dollar cash outflows would be (less than, more than, the same as)th total U.S. dollar cash outflows if it had negotiated a forward contract this morning