ise the following information to calculate the collar cost in 180 days of using a money market hedge to hedee 200.000 pounds of receivables due in 180 days. Assume the firm has no excess cash. Assume the spot rate of the pound is $1.50 and the 180-day forward rate is $1.51. The British interest rate is 2% per year (1% per 180- day period), and the U.S. interest rate is 3% per year (1.5% per 180 day period). Assume you can either borrow lend pounds at 2% and you can either borrow or lend dollars at 3%. A) $297,087 B) $298,522 C) $300,000 D) $301,485. E) $302,941. 2. Assume that Parker Company will pay SF200,000 in 360 days. Assume the following interest rates. U.S. 360-day borrowing rate 360-day lending rate 4% 3% Switzerland 3.5% 2.5% Assume the forward rate of the Swiss franc is $. 81 and the spot rate of the Swiss franc is $.80. If Parker Company uses a money market hedge, it will pay _in 360 days. A) $162,341 B) $162,000 C) $160,000 D) $158,424 E) $156,952