Assistance with the attached question is appreciated.

A\tCanadian\tfirm\tis\trequired\tto\tmake\ta\tpayment\tof\t$1.75\tmillion\tin\t60\tdays.\tThe\tspot\texchange rate\tis\t1.2690.\tThe\t60 day\tinterest\trate\ton\tUS\tdollars\tis\t0.85%;\tthe\t60 day\tinterest\trate\ton Canadian\tdollars\tis\t0.55%.\tSixty\tday\tforward\tcontracts\ton\tC$\tare\tavailable\twith\ta\tforward exchange\trate\tof\t1.2685.\tCall\tand\tput\toptions\ton\tthe\tC$\tare\tavailable\twith\tstrike\tprices\tof 0.7850\tor\t0.7900.\tFor\tall\tof\tthe\tfollowing,\tbe\tas\tspecific\tas\tpossible: a. How\twould\tthe\tfirm\thedge\tthe\trisk\tassociated\twith\tthe\tpayment\tusing\ta\tmoney\tmarket hedge? b. How\twould\tthe\tfirm\thedge\tthe\trisk\tassociated\twith\tthe\tpayment\tusing\ta\tforward contract? c. How\twould\tthe\tfirm\thedge\tthe\trisk\tassociate\twith\tthe\tpayment\tusing\tforeign\texchange options? d. What\tis\tthe\trisk\tassociated\twith\tthe\tpayment\tcalled