Currency risk management techniques include forward hedges, money market hedges, and option hedges. Demonstrate the possible outcomes of these hedging alternatives for a foreign currency receivable contract. You need to show the possible results for a money market hedge, a forward hedge, a put option hedge, and an uncovered position. $($Note: Assume the forward currency receivable is British pounds and the put option strike price is $$1\mathrm{.}50/,$ the price of the option is $$0\mathrm{.}04$ the forward rate is $$1\mathrm{.}52/$ and the current spot rate is $$1\mathrm{.}48/.$ and you can assume interest rates for both the currencies.