An American firm owes 1,750,000.00 payable in one year. The current spot it $2.0714/. A British bank is paying 4.50% on deposits or will lend at 6.00%. A U.S. bank is paying 3.50% or will lend at 6.00%. The firm would like to hedge this exposure with money market hedging. How much do they need to borrow today? $3,468,851.68 $3419,764,16 1.674,641.15 1.650.943.40 None of the above