PLEASE SOLVE AND SHOW ALL WORK FOR PART E

3. Transaction Exposure,7pts) Trident has concluded a sale oftelecommunications equipment to Regency (U.K.). Total payment off2,000,000 is due in 90 days. Given the following exchange ra interest rates, options quotes, answer the questions. Assum Value 90-day AR in pounds E2,000,000.00 Spot rate, USS per pound (SME) $1.5610 90-day forward rate, US$ per pound (SE) $1.5421 4.000% 3-month U.S. dollar investment rate 6.000% 3-month U.S. dollar borrowing rate 3-month UK investment interest rate 4.500% 3-month UK borrowing interest rate 8.000% 3-month options on the British pound: Strike rates, USS/pound (SE) Strike rate (SE) $1.55 Put option premium 1.500% Strike rate (SE) $1.55 Call option premium 2.500% Trident's WACC 9.000% Trident's expected spot rate in 90 days, USS per pound (SED $1.5431