answer the example 63 each question separate please

profit centens) 3.4.2 Which exposures to hedge e Many firs do not allow the hedging of quotation exponure ot locklog osposnuts matter of policy -Many firms feel that until the transaction firtm, the probability of the exposure than 100% the acrounting books of the actually occurring, iw conelderel to be le ereasing mumber of firns, hewiver, are actively helging not only bkoep t also selectively hedging motation and anticipated exponture Anticipated exposures are transactions for which there are two contractu of ngree ments bet ween parties. VII.3.4.3 Which contractual hedges Transaction exposure management programs are divided along an "option or no-option line" - Firms that do not use currency options rely almost exclusitvely on forward con- tracts and money market hedges. . Many firms have estabished rigid trausaction exposture tak manungetmeut pole mandate proportional hedging. These contracts generally require the use of forward contract hedges on a percent age of existing transaction exposures. The remaining portion of the exposure is selectively hedged on the basis of the firm's risk tolerance, view of exchange rate movements, and confidence level. Example 63 Trident CFO, Maria Gonzalez, has just complete a purchase of communication equipment from a British firm for El million due in three months. 1. How much in U.S. dollars will Trident pay in 3 months without a hedge if the expected spot rate in 3 months is assumed to be $1.80/? 2. Suppose that 89 profit centens) 3.4.2 Which exposures to hedge e Many firs do not allow the hedging of quotation exponure ot locklog osposnuts matter of policy -Many firms feel that until the transaction firtm, the probability of the exposure than 100% the acrounting books of the actually occurring, iw conelderel to be le ereasing mumber of firns, hewiver, are actively helging not only bkoep t also selectively hedging motation and anticipated exponture Anticipated exposures are transactions for which there are two contractu of ngree ments bet ween parties. VII.3.4.3 Which contractual hedges Transaction exposure management programs are divided along an "option or no-option line" - Firms that do not use currency options rely almost exclusitvely on forward con- tracts and money market hedges. . Many firms have estabished rigid trausaction exposture tak manungetmeut pole mandate proportional hedging. These contracts generally require the use of forward contract hedges on a percent age of existing transaction exposures. The remaining portion of the exposure is selectively hedged on the basis of the firm's risk tolerance, view of exchange rate movements, and confidence level. Example 63 Trident CFO, Maria Gonzalez, has just complete a purchase of communication equipment from a British firm for El million due in three months. 1. How much in U.S. dollars will Trident pay in 3 months without a hedge if the expected spot rate in 3 months is assumed to be $1.80/? 2. Suppose that 89