1 Data table U Assumption Value 90-day A/R in pounds 3,000,000 Spot rate ($/) $1.7503 90-day forward rate ($/) $1.7350 3-month US dollar investment rate 6.156% 3-month U.S. dollar borrowing rate 8.509% 3-month U.K. investment interest rate 9.378% 3-month U.K. borrowing interest rate 14.723% Ganado's WACC 12.243% Expected spot rate in 90 days ($/) $1.7926 Put options on the British pound Strike rate ($/) $1.7300 Put option premium 1.5% Strike rate ($/) $1.7000 Put option premium 1.0% Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet Part 1018 Points: 0 of 1 Save Maria Gonzalez and Ganado. Ganado-the US-based company discussed in this chapter-has concluded another large sale of telecommunications equipment to Regency (UK). Total payment of 3,000,000 is due in 90 days Mana Gonzalez has also learned that Ganado will only be able to borrow in the United Kingdom at 14723% per annum (due to credit concerns of the British banks) Given the exchange rates and interest rates in the popup window, compare alternate ways below that Ganado might hedge its foroign exchange transaction exposure Assume a 300-day financial year a. How much in US dollars will Ganado receive in 90 days without a hedge if the expected spot rate in 90 days is the same as the current spot rate of $17503/? The 90 day forward rate of 51 7350/? The expected spot rate of $17926/? b. How much in US dollars will Ganado receive in 90 days with a forward market hodge? c. How much in US dollars wil Ganado receive in 90 days with a money market hedgo? d. How much in US dollars will Ganado receive in 90 days with an option market hedge? e. What transaction exposure hedge is now in Ganado's best interest? a. How much in US dollars will Ganado receive in 90 days without a hedge if the expected spot rate in 90 days is the same as the current spot rate of $17503/? (Round to the nearest dollar