Suppose that Mullen Co, a U.S.-based MNC, knows that it will need 100,000 pounds in one year in order to purchase supplies. It is considering a currency call option to hedge this payable. Currency call options on the pound with expiration dates in one year currently have an exercise price of $1.22 and a premium of $0.05. On the following graph, use the blue points (circle symbols) to plot the contingency graph for hedging this payable with a call option. Plot the points from left to right in the order you would like them to appear. Line segments will connect automatically. Plot the 3 blue points for the following pound spot rates: $1.18, $1.22, $1.28. Note: The vertical axis measures dollar cash outflows from the hedge, which includes the price paid for pounds and any option premium.