Question: Remaining Time: 1 hour, 54 minutes, 53 seconds. Question Completion Status: QUESTION 1 1 poin A company hedged forward on the FOREX futures market by

Remaining Time: 1 hour, 54 minutes, 53 seconds. Question Completion Status: QUESTION 1 1 poin A company hedged forward on the FOREX futures market by buying 5 million Euros at EURAUD at 0.61 to pay for a machinery delivery in Germany. At expiration, in one year, the spot EUR/AUD was 0.64. What were the cash flows? a. None of these answers b. Cost of machinery-$8,196,721 Futures payoff +$ 384.221 Net payout -$7.812,500 Cost of machinery -$8,196,721 Futures payoff -$ 384,221 Net payout -$7.812,500 Od. Cost of machinery $7,812,500 Futures payoff -$ 384,221 Net payout -$8,196,721

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