am a US chocolate importer who is importing Belgian chocolate from Belgium worth 1 million and the amount is due in 360 days. I want to hedge my Belgian euro payables using amoney market hedge and obtain the following quotes from my banker:

Spot rate is: $1.1000 $ 1.1100 /

The Belgium interest rates are: 3.0 % - 3.4 % annually and

US interest rates are: 2.1 % 2.5 % annually.

Using a money market hedge and bid-ask spreads, what are my $ payables in 360 days?