Question 4 1 pts XYZ Corporation, located in the United States, has an accounts payable obligation of V750 million payable in one year to a bank in Tokyo. The current spot rate is W116/$1.00 and the one year forward rate is 109/81.00. The annual interest rate is 3 percent in Japan and 6 percent in the United States. XYZ can also buy a one-year call option on yen at the strike price of $0.0086 per yen for a premium of 0.012 cent per yen. The maximum future dollar cost of meeting this obligation using the call option is $6,450,000 O $6,545,400 $6,653,833 O $6,880,734 Question 5 1 pts XYZ Corporation, located in the United States, has an accounts payable obligation of 750 million payable in one year to a bank in Tokyo. The current spot rate is $116/S100. The annual interest rate is 3 percent in Japan and 6 percent in the United States. XYZ can also buy a one-year call option on yen at the strike price of 50.0086 per yen for a premium of 0.012 cent per yen. At what one-year forward rate would XYZ be indifferent between money market hedging and forward market hedging? 116/51.00 *109/51.00 V116.28/51.00 OVI12.72/51.00