Laguna ltd, a recreational business based in the Seychelles, has placed an order to import 10 inflatable boats with outboard motors from the UK, at a cost of GBP 1,800 each. The goods are to be shipped from the UK immediately, but payment in GBP is only required to be made in 3 months' time. Laguna ltd uses a bank overdraft account that is fully drawn, and the company has no spare cash to finance the credit period.

The exchange rates between pound sterling (GBP) and Seychellois Rupee (SCR) are as follows.

GBP / SCR Spot GBP 1 = SCR 16.6191 - 18.9751 1 month forward GBP 1 = SCR 16.7183 - 19.0487 3 months forward GBP 1 = SCR 16.9146 - 19.1655