You are the CFO of B-side Corporation and must decide how to hedge (if at all) future payables of 100,000,000 Japanese yen 90 days from now. Call options are available with a premium of $.0001 per unit and an exercise price of $.00961 per Japanese yen. The forecasted spot rate of the Japanese yen in 90 days is: The 90-day forward rate of the Japanese yen is $.00962. a. What is the probability that the call option will be exercised (assuming B-side purchased it)? b. What is the expected value of the payables if they are hedged using the call options available? c. Should you hedge the payables using the call options, use a forward hedge or remain unhedged? Justify your