ControlYou have bid for a possible export order that would provide a cash inflow of $1$ million in six months. The spot exchange rate is EUR$/$USD $=1\mathrm{.}3549$ and the six$-$month forward rate is EUR$/$USD $=1\mathrm{.}3620.$ There are two sources of uncertainty: $(1)$ the euro could appreciate or depreciate, and $(2)$ you may or may not receive the export order. Illustrate in each case the final payoffs if $($a$)$ you sell $1$ million euros forward, and $($b$)$ you buy a six$-$month option to sell euros with an exercise price of EUR$/$USD $=1\mathrm{.}3620.$