If a bushel of corn costs ₤3.00, and a British pound is worth $1.50, how many dollars would a person receive for 100,000 bushels of corn sold in Britain in the spot market? If the delivery were to occur in three months and the U.S. interest rate exceeded the British rate by 2 percent per year, what would likely be received in the forward exchange market for a conversion arranged now if the current spot rate is $1.50 per British pound? Explain.