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Q4 BCB Inc., purchased machinery from a Japanese firm and will have to pay Japanese Yes yen 278.45 million in 90 days. The bank quotes

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BCB Inc., purchased machinery from a Japanese firm and will have to pay Japanese Yes yen 278.45 million in 90 days. The bank quotes a forward rale of yen 105 46/$ to buy the required yen. What is the cost to BCB in U.S. dollars? A. $2, 640, 338 B. $2, 784, 500 C. $2, 936, 534 D. $2, 714, 300

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