5. Assume that you are working at an U.S. company, Cube Navigation, Inc., which outsourced its intranet network upgrading to an England IT company on January 11, 2021. The to pay 1.25 million Sterling when the contract is over. (The forward contract's Information is included in Fig. 1.) (9) Please describe briefly the potential foreign exchange rate risk Cube Navigation is facing. (4). a. b. How to mitigate (hedge) the exchange rate risk? What it would cost Cube Navigation Inc. if it implemented the hedging strategy? What it would cost Cube Navigation Inc. If it didn't implement the strategy? (The spot exchange rate after 6 months is shown in Fig.2.) The hedging strategy will help Cube Inc how much dollars. (5'). 5. Assume that you are working at an U.S. company, Cube Navigation, Inc., which outsourced its intranet network upgrading to an England IT company on January 11, 2021. The to pay 1.25 million Sterling when the contract is over. (The forward contract's Information is included in Fig. 1.) (9) Please describe briefly the potential foreign exchange rate risk Cube Navigation is facing. (4). a. b. How to mitigate (hedge) the exchange rate risk? What it would cost Cube Navigation Inc. if it implemented the hedging strategy? What it would cost Cube Navigation Inc. If it didn't implement the strategy? (The spot exchange rate after 6 months is shown in Fig.2.) The hedging strategy will help Cube Inc how much dollars. (5')