Problem 6 Intro Apple sells iPhone in many countries, including India. The company expects to receive 474,000,000 Indian rupees (INR) from its exports in one year. The spot rate is $0.0173 per rupee and the one-year forward rate is $0.0182 per rupee. The U.S. interest rate is 2% and the Indian interest rate is 9%. Part 1 Attempt 1/10 for 10 pts. What amount of rupees should the company borrow now to create a money market hedge for the receivables (in INR)? 0+ decimals Submit Part 2 Attempt 1/10 for 10 pts. What is the dollar value of the rupees received now (in $)? 0+ decimals Submit Part 3 Attempt 1/10 for 10 pts. What is the value of the receivables in one year with a money market hedge (in $)? 0+ decimals Submit