You have an obligation to pay 100 million Euros in 1 year. You bought a call option with strike price of 1.3 and call premium of 0.04 per Euro What is the cost of making the payment when the spot rate is 1.2 in 1 year? Cost of making the payment = 120 million dollars Cost of making the payment = 134 million dollars 0 Cost of making the payment - 124 million dollars Cost of making the payment - 130 million dollars