4% 4. Please use the following information to answer the next three questions about money market hedge: 90-day U.S. interest rate 90-day Malaysian interest rate 3% 90-day MYR forward rate $.40 MYR spot rate $.404 Santa Barbara Co. will need 300,000 ringgit in 90 days. a. How much MYR do you need after currency conversion today? b. How many U.S. dollars do you need to borrow today in order to get the amount of MYR you need? c. How many U.S. dollars do you need to pay off after 90 days? 5. Please use the following information to answer the next three questions about money market hedge: 180-day U.S. interest rate 8% 180-day British interest rate 9% 180-day pound forward rate $1.50 U.K. pound spot rate $1.48 Riverside Co. will receive 400,000 pounds in 180 days. a. How much foreign currency do you need today in a money market hedge? b. How many U.S. dollars do you receive from the currency conversion today? c. If the U.S. dollars received from the conversion are immediately deposit in U.S.for 180 days, how much will be available to Riverside Co. after 180 days