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A Moving to another question will save this response. Question 1s A UK company owes an American company $100.000 due to be paid in three

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A Moving to another question will save this response. Question 1s A UK company owes an American company $100.000 due to be paid in three months The company wishes to avoid exchange rate risk, so borrows enough in sterling now and convertst mmediately to dollars which anre invested to bring n the reured amount three month me The following information is available: Spot rate S/E 1.7755 - 1.7765 3-month interest rates: Sterling 3.250% US dollar 2.425% How much will the UK company have to borrow now to clear the debt in three months? O A E54,958 O B. E54,989 OC. ES6,744 O D.E56.775

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