refer to https://www.chegg.com/homework-help/questions-and-answers/12-xyz-corporation-located-united-states-accounts-payable-obligation-y750-million-payable--q89983528 for the rest of the question

(c) (2 points) Draw a cost (8) graph for option market hedge and forward market hedge. Solution: (d) (2 points) Which hedging strategy is better for XYZ corporation: forward or option market hedge'? Is there a break-even exchange rate where forward hedging and option hedging become indifferent? Solution: (c) (2 points) Draw a cost (8) graph for option market hedge and forward market hedge. Solution: (d) (2 points) Which hedging strategy is better for XYZ corporation: forward or option market hedge'? Is there a break-even exchange rate where forward hedging and option hedging become indifferent? Solution