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XYZ Corporation, located in the United States, has an accounts payable obligation of 2 2 5 0 million payable in six months to a bank

XYZ Corporation, located in the United States, has an accounts payable obligation of 2250 million payable in six months to a bank in Tokyo. The current spot rate is 116$1.00 and the six month forward rate is 109$1.00. The annual interest rate is 3 percent in Japan and 6 percent in the United States.
a) What is the future dollar cost of meeting this obligation using the money market hedge a.,19582168.89
b. None of the above
c.6527389.63
d.,13054779.26
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