(10 pts) Boeing just signed a contract to sell a Boeing 737 aircraft to Air France. Air France will be billed 20 million which is payable in one year. The current spot exchange rate is $1.05/E and the one-year forward rate is $1.10. The annual interest rates 6,0% in the US. and 5.0% in France. Boeing is concerned with the volatile exchange rate between the dollar and the would like to hedge exchange exposure. (a) It is considering two hedging alternatives: sell the euro proceeds from the sale forw borrow euros from the Credit Lyonnaise against the euro receivable. Which alternativ recommend? Why? (b) Other things being eq the two hedging methods? 3. euro and ard or e would you ual, at what forward exchange rate would Boeing be indifferent between