Canadian materials cost:			1121431.26	CA$
CA$ spot exchange rate:			1.323	CA$/US$
CA$ prime lending rate:			0.11	(=11%)
CA$ three-month deposit rate:			0.107	(=10.7%)

Construct a money market hedge to fix the amount of US dollars necessary to pay for the Canadian materials cost. Specify the details of the three necessary transactions, i.e., how much of which currency to borrow, exchange, and deposit at what rate in the boxes below. . Make sure to use the correct borrowing and deposit rates in your solution.