What is the unhedged euro amount @ 1.30 ending Spot Rate?

The forward market euro amount @ 1.25 ending Spot Rate?

The Money Market euro amount @ 1.15 ending Spot Rate?

The options euro amount @ 1.30 ending Spot Rate?

Lufthansa (German airliner) bought an aircraft, 787 Dreamliner, from Boeing, a U.S. company, and agreed to pay $30 million payable in six months. Lufthansa is concerned with the euro payment of international purchases and would like to control exchange risk. The current spot exchange rate is $1.30/ and six-month forward exchange rate is $1.20/ at the moment. Airbus can buy a six-month put option on U.S. dollars with a strike price of 0.8/$ for a premium of 0.02 per U.S. dollar. In addition, Airbus can buy a six-month call option on U.S. dollars with a strike price of 0.85/$ for a premium of 0.03 per U.S. dollar. Currently, six- month interest rate is 2.5% (5% per annum) in the euro zone and 3.0% (6% per annum) in the U.S. The following table shows possible Euro amount Lufthansa pays when the actual ending spot rate (first row) is realized depending on different alternative decisions. The question number is in the table. All the values are euro amount at the time when $30M is paid. The question mark in the table refers to the Euro amount Lufthansa pays. Ending spot rate ($/ Euro) Unhedged 1.30 1.25 1.20 1.15 Q? Forward Money Market Options