Suppose the /USD exchange rate is currently 1.50 /USD. Further suppose a US firm is going to receive 18 million in a month's time from an investment they made in Japan. The US firm will need to repatriate the 18 million back to US dollars.

Suppose the firm can enter into a forward agreement where they will sell 18 million for US dollars in one month at an exchange rate of 1.50 /USD if they want to.

If the exchange rate moves to 1.80 /USD in one month:

The amount this firm will receive in U.S. dollars if they do not enter into the forward contract is ______________.

The amount the firm will receive in U.S. dollars if they enter into the forward contract is _______________.

Group of answer choices

$32,400,000; $15,600,000

$12,000,000; $10,000,000

$10,000,000; $32,400,000

$10,000,000; $12,000,000

$32,400,000; $27,000,000