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The spot rate = 1.269 AUD/US$; the one year forward rate = 1.293 AUD/US$. A US exporter denominates its exports to Australia in AUD and

The spot rate = 1.269 AUD/US$; the one year forward rate = 1.293 AUD/US$. A US exporter denominates its exports to Australia in AUD and expects to receive AUD 100,000 in one year. What will the value of these exports in one year in US$ given that the firm executes a forward hedge? (Ignore transaction costs)

a.US$126,900.00

b.US$78,802.21

c.US$77,339.52

d.US$129,300.00

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