princess cruise company $(3)$ Princess Cruise Company $($PCC$)$ purchased a ship from Mitsubishi Heavy Industry for $520$ million yen payable in one year. The current spot rate is $$125/$$ and the one year forward rate is $111/$$$.$ The annual interest rate is $6$ percent in Japan and $9$ percent in the United States PCC can also buy a one year call option on yen at the strike price of $ $0080$ per yen for a premium of $014$ cents per yen a$.$ Compute the future dollar costs of meeting this obligation using the money market and forward hedges. Money Market Forward Hedge