please solve it in 20 mins I will thumb you up

Question 31 15 pts Delta is a multinational company and expects to receive 10,000,000 Japanese yen in 90 days from a Japanese company. You are given the following information: . Delta's 90-day account receivable: JPY10,000,000 . Spot rate: JPY107.91 / USD Delta's best estimate of the expected spot rate in 90 days: JPY110.61 / USD. . Deposit rate in USD is 2% . Deposit rate in JPY is 7% A. Calculate the 90 days forward rate. [4 marks] B. Calculate how much Delta will receive in 90 days if position is left unhedged? [4 marks] C. Calculate how much Delta will receive in 90 days if it hedges its position using a forward contract? [4 marks] D. Based on your answer, which position would you recommend? [3 marks] Edit View Insert Format Tools Table