Suppose that the spot rate and the $90$ day forward rate on the pound sterling are $$1\mathrm{.}35$ and $$1\mathrm{.}30,$ respectively. Your company, wishing to avoid foreign exchange risk, sells $500,000$ forward $90$ days. Assuming that the spot rate remains the same $90$ days hence, your company would

a$)$ receive $500,00090$ days hence

b$)$ receive more than $500,000$ in $90$ days

c$)$ have been better off not to have sold pounds forward

d$)$ receive nothing