a) Your company which is located in the United States imports raw materials from Gemany, and analyst predicts that the eUro will appreciate significantly in the future. State giving reasons the advise you would give your company regarding hedging of its payables which are involced in euros. b) Idapco: a U.S. firm will receive 1 milion in one year from lis U,K. subsidiary. Given the following information: One-year put option: Exercise price =$1.40 premilum =$.04 Expected oneryear spotrate =$1.41 Sriowing and explaining al your workings, determine whether or riot the firm should use on oplionshadge or a money market hedge to nedae its recelvablek