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INTC has 5 billion worth of profit (in Euro) it is expecting to collect from its subsidiary in Germany in 12 months. The current exchange

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INTC has 5 billion worth of profit (in Euro) it is expecting to collect from its subsidiary in Germany in 12 months. The current exchange rate is at $1.1155 per Euro and the interest rate in Germany is 2.5% and the interest rate in the US is 1.5%? The one year forward rate available to INTC is $1.1085. Should INTC carryout a Money Market Hedge or forward hedge? You must show the gain/loss from both strategies to get full credit

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