Find which of the hedging is profitable if payables in 90 -days' is 200,000 pounds. The 90 day forward contract rate is $1.40, and the spot rate is $1.44 per pound. The interest rate in the USA for 90 -days is 4% and in Britain it is 3%. a. Money market hedge saves $10,796.12 b. Money market hedge saves 10,796.12 pounds c. Forward market hedge saves $8,000 d. Forward market hedge saves 8,000 pounds