Mana International (Magna) is a Canadian parts supplier to General Motors (GM) in the US. Magna informed GM of a shipment scheduled to arrive on Jul 15, three months from today. The invoiced amount is USD 45 million due in one year. CAD/USD spot rate: CAD 1.2617/USD 12-mo forward rate: CAD 1.2506 / USD 12-mo CAD interest rate: 0.81% (both borrowing and investing) 12-mo USD interest rate: 0.68% (both borrowing and investing) a. Given the 3-mo forward rate, how can Magna's CFO eliminate the uncertainty of CAD funds receive in 3 months? (5 marks) b. Magna's CFO is considering using a money market hedge. Given the information above, how would this be constructed? (5 marks) c. Given the spot and 12-mo forward rate, how could Magna's CFO structure a currency risk-sharing arrangement with GE