A company wishes to deposit 1,488,000 over a period of 91 day for a term of 91 days. The current money market rates in Euros are. 91 days interest rate spread 0.82%0.92% The interest rate differential for 182 days is 1.12%1.22% Assume that a year consists of 365 days. a) Explain the company's exposure to interest rate risk. b) Explain the money market hedging provisions that the company could take and calculate the forward rate. c) Comment on how the company would benefit from a money market hedge in part b