neededin 30 mins please

х Question 3 2 Points The US firm, Cray Research sold a supercomputer to the Max Planck Institute in Germany on credit and invoiced €12.8million payable in six months. Currently, the six- month forward exchange rate is $1.24 = 1€. a. Is Cray worried about the euro appreciating or depreciating? Explain b. What will be the future value in euro if Cray hedges 100% with a forward hedge? c. If in six months, the spot rate turns out to be $1.19 = 1€, would Cray be happy that it had used the forward hedge? d. How much better (or worse) off would Cray have been without the hedge? D Use the editor to format your answer