please answer both

Please use the following information for the next 2 questions. You believe that IRP presently exists. The nominal annual interest rate in Mexico is 13%. The nominal annual interest rate in the U.S. is 2%. You expect that annual inflation will be about 12% in Mexico and 1% in the U.S. The spot rate of the Mexican peso is $0.044 per Mexican peso. You will receive 1 million Mexican pesos in one year. Question 23 (2.94 points) Determine the amount of dollars that you will receive if you use a forward hedge. $ 48,745.10. $ 39,716.81. $ 48,792.08. $ 38,678.57. Question 24 (2.94 points) Determine the expected amount of dollars that you will receive if you use an option hedge and believe in purchasing power parity (PPP). Both put options and call options on Mexican pesos are available with one year expiration date with an exercise price of $0.038/MXP and a premium of $0.004/MXP. $42,000.00 $38,000.00 $ 35,678.57. $ 34,000.00 $43,678.47. $39,678.57