Jadon Co, a UK based firm, expects to make a payment of 2,000,000 following imports from a French company at the end of six months. A forward rate of 1750 per GBP has been offered by the company's bank and the spot rate is 1660 per GDP. Jadon Co can deposit short term in the euro at 10% per year and the rate of interest on GBP stands at 7%. Required: Calculate the GBP payment from a forward market hedge and a money market hedge respectively, and indicate which hedge would be financially preferred by Jadon Co.