ABC Corp. expects to receive SGD500,000 (Singapore dollars) in 1 year. The current spot exchange rate is USDO.60/SGD. The 1-year forward rate is USDO.62/SGD. The money market rates are: ABC Corp. plans to hedge its exposure with a money market hedge. Describe all steps and calculate the amount of US dollars (USD) that ABC Corp. will receive in 1 year. 1) Complete a timeline with calculations] a) b) c) d) e) 2) Describe transactions at t-e a) b) C) Describe transactions at t=1 a) b) C)