XYZ Corporation, located in the United States, has an accounts payable obligation of 750 million payable in one year to a bank in Tokyo The current spot rate is 7116/$1.00 and the one year forward rate is /109/$1.00. The annual interest rate is 3 percent in Japan and 6 percent in the United States. XYZ can also buy a one-year call option on yen at the strike price of $0.0086 per yen for a premrum of 0.012 cent per yen. The future dollar cost of meeting this obligation using the forward hedge is $6,450,000$6,545,400$6,653,833$6,880,734