1. Marley Lintted, a U.S.-based company has concluded a large sale of telecommunications equipment to Bolt (U.K.). Total payment of 3,000,000 is due in 90 days. You are the chief financial officer of Marley Limited and you have just leaned that Marley Limited will only be able to borrow in the United Kingdom at 14% per annum (due to credit concerns of the British banks). Given the following exchange rates and interest rates which you have gathered, demonstrate at least four hedging alternatives and advise your CEO which transaction exposure hedge is in Marley Limited's best interest