Boeing imported a Rolls-Royce jet engine for 5 mil payable in one year The US interest rate 6.00% per annum The UK interest rate 6.50% per annum The Spot exchange rate $ 1.80/ today The company decides to use options to hedge the risk of pound exchange one year later. What kind of options should the company buy? Put or Call? (2 points) Assume the strike price of the option is $1.82/ with a premium of $.02/ paid today. What is the dollar cost one year later if the spot rate then is 1.60, 1.80 and 2.00 respectively? (6 points) How could Boeing use money market to hedge the risk? Please provide all details