You are US company, $400,000($British Pound$)$ payable to UK in one year. Answer in terms of US$$.$

Information for Forward Contract:

Forward exchange rate $($one yr$)$: $0\mathrm{.}69/$$

Information for Money Market Instruments $($MMI$)$:

Current exchange rate: $0\mathrm{.}68/$$

Investment return at Aerion Fund Management $($in UK$)$: $3\mathrm{.}6\%$ annual

The interest rate of borrowing from Bank of America $($in USA$)$: $2\%$ annual

Information you need for Currency Options Contract:

Options premium: $67\mathrm{.}6/$$

Interest rate of borrowing from Bank of America $($USA$)$: $2\%$ annual

Allowed to exercise options at $0\mathrm{.}69/$$

The finance management signed the contract. Now it is time to pay. The actual market exchange rate at the time of payment is $0\mathrm{.}71/$$$.$ You wonder if you should exercise the currency options stipulated in the contract by comparing the costs at the actual exchange rate against the option exchange rate. What are the costs of COC at the actual market exchange rate AND COC costs at the option exchange rate, respectively? Choose the closest answer since your answer could be different from alternatives due to the rounding.

Group of answer choices

$$569,415$; $$579,710$

$$632,083$; $$620,073$

$$623,492$; $$632,089$

$$611,394$; $$623,409$