Explain how this transaction is exposed to exchange rate risk. Is the exchange rate risk likely to be realized given the current economic climate?

As an importer, you import technology from England into Australia. You will pay 1million in 90 days' time. Rates are: spot rate, 107.42/$; 90-day forward rate, 107.27/$; 90-day AUD interest rate, 1.35% p.a. (per annum, or the annual interest rate); and 90-day British interest rate, 0.006% p.a. (you should assume that there are 360 days in a year, following bond and money market convention; you can convert an annual rate into a 90-day rate using this equation: 80,90 = 90 70,360 X 360