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Please solve and explain step by step. Thank you... The spot foreign exchange rate for the US dollar is 0.78076 Euros. Your company agrees to

Please solve and explain step by step. Thank you...
The spot foreign exchange rate for the US dollar is 0.78076 Euros. Your company agrees to pay a bank 63,784 Euros in 3 months in exchange for 150,000 US dollars. This is a foreign currency forward contract. No cash is exchanged up front. Give the underlying asset, the maturity date, and the forward rate (for the US dollar). Compare to the spot forward rate. Conclude

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