The firm's reporting currency is in euros. It has a monthly reporting horizon. The current spot rates are $1.3863/Euro and 0.5467/Euro. The 1 month forward rates are $1.3873/Euro and 0.5767/Euro.

Given that the firm hedges using forward contracts, what would be its expected net cash flow transactions (use netting)? from these

a.) 6,689

b.) -784

c.) 10,268

d.) 7,563

e.) 8,652

An Irish exporter is expecting the following foreign currency cash flows over the next month: GBP USD -50,000 +30,000 -$50,000 +90,000