please provide solutions to these questions. thanks!

1. A firm has a receivable of 1,750,000.00. They hegdge this exposure with a forward participation contract with a guaranteed rate of $2.0000 Land a participation rate of 20%. If at the time of payment the spot price ends up equal to $2.1600 , how much did the firm end up with? (a) $3,556,000 (b) $3,500,000 (c) $3.780,000 (d) $3.444.000 (e) None of the above 2. A firm has a receivable of P 15,000,000.00. They hegdge this exposure with a forward participation contract with a guaranteed rate of $0.2800 P and a participation rate of 60%. If at the time of payment the spot price ends up equal to $0.2632 P. how much did the firm end up with? (a) $4,048,800 (b) $4,200,000 (c) $3.948,000 (d) $4,351,200 (e) None of the above 3. A firm has a payable of 1.800,000.00. They hegdge this exposure with a forward participation contract with a guaranteed rate of $1.1667 and a participation rate of 45%. If at the time of payment the spot price ends up equal to $1.0850 , how much will the firm have to pay? (a) $2,033,883 (b) $2,100,060 (c) $1,953,000 (d) $2,166,237 (e) None of the above 4. A firm has a payable of SFr 4,200,000.00. They hegdge this exposure with a forward participation contract with a guaranteed rate of $1.2917 SFr and a participation rate of 35%. If at the time of payment the spot price ends up equal to $1.3016 SFr, how much will the firm have to pay? (a) $5,444,103 (b) $5,425,140 (c) $5,479,320 (d) $5,406,177 (e) None of the above