Consider the situation of firm A and firm B. The current exchange rate is $2.00/ Firm A is a U.S. MNC and wants to borrow 30 million for 2 years Firm Bis a British MNC and wants to borrow $60 million for 2 years. Their borrowing opportunities are as shown, both firms have AAA credit ratings B $ $6% $7% E 5% E4% Explain how firm B could use the forward exchange markets to redenominate a 2-year 30m 4 percent pound sterling loan into a 4 2-year USD denominated loan