You are the treasurer of Montana Corp. and must decide how to hedge (if at all) future payables of million Japanese yen days from now. Call options are available with a premium of $.0004 per unit and an exercise price of $.01040 per Japanese yen. The forecasted spot rate of the Japanese yen is 90 days is 0.01013 with probability 30 , 0.01042 with probability 25%, 50.01039 with probability 25%, and $0.01038 with probability 20%. What is the probability that the call option will be exercised? What is the estimated dollar cash outflows of currency call hedge! 55% 510.793.5 45%: 510,814 45% 510,414 55% 510.393.5 You are the treasurer of Montana Corp. and must decide how to hedge (if at all) future payables of million Japanese yen days from now. Call options are available with a premium of $.0004 per unit and an exercise price of $.01040 per Japanese yen. The forecasted spot rate of the Japanese yen is 90 days is 0.01013 with probability 30 , 0.01042 with probability 25%, 50.01039 with probability 25%, and $0.01038 with probability 20%. What is the probability that the call option will be exercised? What is the estimated dollar cash outflows of currency call hedge! 55% 510.793.5 45%: 510,814 45% 510,414 55% 510.393.5