Assume That Kramer Co

Assume that Kramer Co.will receive SF800,000 in 90 days.  Today's spot rate of the Swiss franc is $.62,and the 90day forward rate is $.635.  Kramer has developed the following probability distribution for the spot rate in 90 days:

The probability that the forward hedge will result in more dollars received than not hedging is:

A) 10%.
B) 20%.
C) 30%.
D) 50%.
E) 70%.