Assume that a US based company will receive 900,000 pounds in 90 days. Calculate the receivables in US dollars using money market hedge. Assume the following information. 90day U.S. interest rate = 9%, 90day British interest rate = 9%, 90day forward rate of British pound = $1.50, Spot rate of British pound = $1.48

		$1,095,853
		$1,216,586
		$1,331,999
		$469,651