Please use information to answer the question below: A US firm's expected Accounts Payable in UK due in 1 year Current Spot Rate (SR) for GBP Annual interest rate in US (Rh) Annual interest rate in UK (Rf) O USD 11,666,667 OGBP 5,333,333 O USD 11,111,111 GBP 8,000,000 If the firm uses money market hedge, one year from now their accounts payable will cost them: CRP 7 107 107 USD 1.50 5% 8%

Please use information to answer the queation below: If the firm uses money market hedge, one year from now their accounts payable will cost them: USD 11,666,667 GBP 5,333,333 USD 11,111,111