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pls help Kansas Corporation, an American company, has a payment of 66 milion due to Tuscany Corporation one year from today. At the prevalling spot

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Kansas Corporation, an American company, has a payment of 66 milion due to Tuscany Corporation one year from today. At the prevalling spot rate of 090/$, this would cost Kansas $7,333,333, but Kansas faces the risk that the 6/$ rate will fall in the coming year, so that it will end up paying a higher amount in dollar terms. To hedge this risk, Kansas has two possible strategles. Strategy 1 is to buy 66 million forward today at a one-year forward rate of 089/$. Strategy 2 is to pay a premium of $116,000 for a one-year call option on 6.6 million at an exchange rate of 0.88/S. a Suppose that in one year the spot exchange rate is 085E/$ What would be Kansas's net dollar cost for the payable under each strategy? Note: Round your answer to the nearest whole dollar amount. b. Suppose that in one year the spot exchange rate is 095c/S What would be Kansas's net dollar cost for the payable under each strategy? Note: Round your answer to the nearest whole dollar amount

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