It is now September $14$th $2012$ and it is time to make the payment to Koala, Inc.

a$.$ Compute the US dollar value of your $,$$$,35,000,000$ Australian dollar payment due using the current spot $($exchange$)$ rate on September $14$ th $2012.$

b$.$ In US dollars, what is your dollar gain or loss on your futures contract position since September $7$th $2012?$ Assume you have "tailed the hedge" in exercise $4.$

c$.$ Combining the increase in payment due with the gain$/$loss on the futures position, what is the net total US do

What is the percentage change? $($It should be less than $20$ basis points in this