How do I calculate the minimum A$ proceeds for the options hedging strategy based on the market information in Table 1??

An Australian exporter WA Co. will receive 5.57 million Chinese yuan (CNY) from a Chinese importer Sing Tao in one year. WA Co. analyses the different hedging strategies (forward, money market and options) using the market information in the following Table 1 to minimise its exchange rate risk for the Australian dollar (A$) cash flow. TABLE 1 For Chinese yuan (CNY) Spot rate A$0.3783/CNY Calculate the A$ proceeds from the forward hedging strategy based on the One-year forward rate A$0.5591/CNY information in Table 1. One-year CNY deposit and borrowing rate 8.79% enter the whole number without sign and symbol). One-year call options Exercise price = A$0.52 Premium = A$0.03 One-year put options Exercise price = A$0.55 Premium = A$0.05 Answer: For Australian dollar (AS) Spot rate CNY3.1722/A$ One-year forward rate CNY1.5130/A$ One-year AS deposit and borrowing rate 4.98% One-year call options Exercise price = CNY1.72 Premium = CNY0.17 One-year put options Exercise price = CNY2.37 Premium = CNYO.11