Texas Traders (TT for short) is a US based firm that has negotiateda deal to sell Texas beer to an importer in South Korea.The terms of the deal are as follows:Value of the deal: 750Billion WonPayment terms (note: payment is to be made in Korean Won):21% down payment, with the rest split equally over 125days and 260days.Exchange rates: Spot (Bid, Ask): 0.000820.00085(direct quotes in the US).125-day Forward Rates: 0.000780.00084260-day Forward Rates: 0.000690.00072Borrowing, Lending rates in Korean Won: 13.6%, 9.7%[125days], and 15.25%, 13.35% [260days]Put and Call Options are available:CALL: Strike price: 0.00080, option premium = 8%, American, expires in 280days.PUT: Strike price: 0.00085, option premium = 24%, American, expires in 280days.TT cost of capital: 10.25%Management is wondering on the best hedging method for TT. Can you help them?