Assuming that the Australian and British one-month interest rates are 84 and 4% per annum, respectively. What is the process constituting a money market hedge of GBP payables (or the Australian dollar amount borrowed at the present time? (2.5 marks) Save Unanswered Q6-C What is the pound amount borrowed at the present time? (2.5 marks) Question 5. You are given the following information: Spot exchange rate (AUD/CHF) Three month forward rate (AUD/CHF) Australian three month interest rate Swiss three month interest rate 1.2500 1.2585 10.5% p.a. 7.546 p.a. Q5-a Is there any violation of CIP? (1.5 marks) Assuming that the Australian and British one-month interest rates are 84 and 4% per annum, respectively. What is the process constituting a money market hedge of GBP payables (or the Australian dollar amount borrowed at the present time? (2.5 marks) Save Unanswered Q6-C What is the pound amount borrowed at the present time? (2.5 marks) Question 5. You are given the following information: Spot exchange rate (AUD/CHF) Three month forward rate (AUD/CHF) Australian three month interest rate Swiss three month interest rate 1.2500 1.2585 10.5% p.a. 7.546 p.a. Q5-a Is there any violation of CIP? (1.5 marks)