need ONLY question 3 please

ONLY need answer for question 3

Question 1 1 pts Questions 1-8 are based on the following information: UA purchased an aircraft from Airbus and was billed 30 million payable in one year. UA is concerned with the USD costs from international sales and would like to control exchange risk. The current spot exchange rate is $1.05/ and one-year forward exchange rate is S1.10/ at the moment. UA can buy a one-year option on euro with a strike price of S1.12/ for a premium of S0.02 per euro. Currently, the annual interest rate is 5% in the euro zone and 600 in the U.S. This is an case for UA. e A/P A/R Question 2 1 pts If UA wants to hedge the transaction exposure using forward, UA should enter a due in one year. position in a forward contract of 30 million o long O short Question 3 1 pts If UA enters a forward euro contract today, the guaranteed dollar cost for this euro obligation in one year should be S (Please write your number in million S and leave 3 decimal points if it is not a whole number. For example, if your answer is $50 million, write your answer as "$50" million. If your answer is $50.3 million, please write your answer as "$50.300" million.). million