!!!Calculation steps must be shown in the answer!!!!

Merck just purchased a shipment of aluminum hydroxyphosphate sulfate from Morocco for 7,200,000 dirhams, payable in six months. Merck's cost of capital (WACC) = 13.00%; Spot exchange rate, dirhams/$ = 9.00; Six-month forward rate, dirhams/$ = 9.60; Six-month interest rate for borrowing in United States = 7.00% per annum; Six-month interest rate for borrowing in Morocco = 9.00% per annum; Six-month interest rate for investing in United States = 6.00% per annum; Six-month interest rate for investing in Morocco 8.00% per annum. How much is the cost of settlement using money market hedge