5) Your firm has a British customer that is willing to place a $1 million order but wants to pay in pounds instead of dollars. The spot exchange rate is $1.85=1.00 and the one-year forward rate is $1.90=1.00. The lead time on the order is such that payment is due in one year. What is the fairest exchange rate to use? A) $1.850=1.00 B) $1.875=1.00 C) $1.900=1.00 D) none of the options