If a US firm wants to set up a money market hedge for their MXN receivables, it should invest: Wrong We believe in you! Next Please use the following to answer this question A US firm's expected Accounts Receivables from Mexico in 1 year MXN 100,000,000 Current Spot Rate (SR) for MXN USD 0.12 Annual interest rate in US (Rh) 5 Annual interest rate in Mexico (RF) 15% USD 86,956,522 X A MXN 86,956,522 X x MXN 10,434,783 USD 10,434,783 If a US firm uses money market hedge, one year from now, their accounts receivables will fetch them: 76 Please use the following to answer this question A US firm's expected Accounts Receivables from Mexico in 1 year MXN 100,000,000 Current Spot Rate (SR) for MXN USD 0.12 Annual interest rate in US (Rh) 5% Annual interest rate in Mexico (RF) 15% USD 10,434,783 A MXN 86,956,522 MXN 10,434,783 USD 10,956,522 If the l-year Forward rate for MXN is $0.13, then based on all information given below, the US firm should: Wrong We believe in you! Nest Please use the following to answer this question A US firm's expected Accounts Receivables from Mexico in 1 year MXN 100,000,000 Current Spot Rate (SR) for MXN USD 0.12 Annual interest rate in US (Rh) 5% Annual interest rate in Mexico (RI) 15% X use a forward hedge use a money market hedge