Great Grains of Canada has purhased 4,000 tonnes of wheat from Gateway Grains in Malta at 130 euros per tonne, payable in one year. The current spot rate is 1.6750 (C\$leuro) and the 1-year forward is 1.6511. Analysts in the international financial market suggest that the spot rate in one year will be 1.5998. Interest rates in Canada are currently 3.55% for one year and 3.8% in Malta. Required: a) Outline with calculations three alternative actions available to Great Grains to handle its foreign exchange exposure. (10 marks) b) Advise the company which alternative they should take, providing the reason for your recommendation ( 2 marks) Enter calculation and answers here