Please Show all work to your answers this is question fivelook at the image

Answer the $3$ questions below showing all your work

Q$3$: Assume the following information:

$180-$day U$.$S$.$ interest rate $=8\%$

$180-$day British interest rate $=9\%$

$180-$day forward rate of British pound $=$$$1\mathrm{.}50$

Spot rate of British pound $=$$$1\mathrm{.}48$

Assume that Riverside Corp. from the United States will receive $400,000$ pounds in $180$ days. Would it be better off using a forward hedge or a money market hedge? Substantiate your answer with estimated revenue for each type of hedge.

Q $4$: Albany Corp. is a U$.$S$.-$based MNC that has a large government contract with Australia. The contract will continue for several years and generate more than half of Albany's total sales volume. The Australian government pays Albany in Australian dollars. About $10$ percent of Albany's operating expenses are in Australian dollars; all other expenses are in U$.$S$.$ dollars. Explain how Albany Corp. can reduce its economic exposure to exchange rate fluctuations.Q $5$: St$.$ Paul Co$.$ does business in the United States and New Zealand. In attempting to assess its economic exposure, it compiled the following information.

a$.$ St$.$ Paul's U$.$S$.$ sales are somewhat affected by the value of the New Zealand dollar $($NZS$),$ because it faces competition from New Zealand exporters. It forecasts the U$.$S$.$ sales based on the following three exchange rate scenarios:

$\backslash$table$[[$Exchange Rate of NZS$,\backslash$table$[[($in millions$)]]],[NZS=$$$\mathrm{.}48,$$$1$