rates. A $6-$month call option on won with a Won $1,\frac{200}{\text{\$}}$ strike rate has a $3\mathrm{.}8\%$ premium, while the $6-$month put option at the same strike rate has a $3\mathrm{.}2\%$ premium.

its foreign exchange exposure.

a$.$ How much in U$.$S$.$ dollars will Bobcat pay in $6$ months without a hedge if the expected spot rate in $6$ months is assumed to be Won $1,\frac{109}{\text{\$}}?$ Won $1,\frac{167}{\text{\$}}?$

b$.$ How much in U$.$S$.$ dollars will Bobcat pay in $6$ months with a forward market hedge?

c$.$ How much in U$.$S$.$ dollars will Bobcat pay in $6$ months with a money market hedge?

e$.$ What do you recommend?

a$.$ How much in U$.$S$.$ dollars will Bobcat pay in $6$ months without a hedge if the expected spot rate in $6$ months is assumed to be Won $1,\frac{109}{\text{\$}}?$

$ $($Round to the nearest cent.$)$