Assume the following information

180 day US interest rate = 8% 180 day British interest rate = 9% 180 day forward rate of British pound = 1.50 Spot rate of British pound = 1.48

Assume that Riverside Corp. from the United States will receive 400,000 pounds in 180 days. Would it be better off using forward hedge or a money market hedge? Substantiate your answer with estimated revenue for each type of hedge and show all work.