Question: HELP ASAP PLS Question 17 Please use information to answer the question below: If the US firm wants to set up a money market hedge

HELP ASAP PLS

Question 17 Please use information to answer the question below: If the US firm wants to set up a money market hedge for their GBP payables, today it should: Borrow GBP from UK bank, sell GBP for USD at current spot rate, invest USD in US bank. Borrow USD from US bank, buy USD with GBP at current spot rate, invest GBP in UK bank. Borrow USD from US bank, buy GBP with USD at current spot rate, invest GBP in UK bank. Borrow GBP from UK bank, buy GBP with USD at current spot rate, invest USD in US bank

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