Please show work for each contract

Suppose you are a foreign exchange trader specialized in the US dollar and Korean won market. Suppose the spot rate is 990 won/$, the U.S. annual interest rate is 3.5% and the Korean annual interest rate is 4.5%. You are considering the following three contracts: i) In the first contract, you receive 100 million won one year from now. ii) The second contract allows you to sell won at the forward rate of 1010 won/$ one year from now. iii) In the third contract, the potential Korean partner offers to pay you $95,000 one year from now (note that this amount is payable in dollars rather than won). Questions: 1) Which contract is most profitable for you? 2) Is the (covered) interest parity condition satisfied in this problem? Suppose you are a foreign exchange trader specialized in the US dollar and Korean won market. Suppose the spot rate is 990 won/$, the U.S. annual interest rate is 3.5% and the Korean annual interest rate is 4.5%. You are considering the following three contracts: i) In the first contract, you receive 100 million won one year from now. ii) The second contract allows you to sell won at the forward rate of 1010 won/$ one year from now. iii) In the third contract, the potential Korean partner offers to pay you $95,000 one year from now (note that this amount is payable in dollars rather than won). Questions: 1) Which contract is most profitable for you? 2) Is the (covered) interest parity condition satisfied in this