A U.S. firm sells merchandise to a japanese company for 100 million and receives payment in 6 months. If the current exchange rate is 129.87/$ and the 6 month forward exchange rate is 128.53/$, to use money market hedge for the transaction risk, the U.S. firm should

A. borrow 100 million

B. borrow at a value equal to the six month present value of 100 million

C. borrow $0.77 million

D. borrow $0.778 million