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Miss Aloya Kueh Lapis is the financial officer of Thom Thom Bek Bhd . , a Malaysia Firm. She just concluded negotiations for the sale

Miss Aloya Kueh Lapis is the financial officer of Thom Thom Bek Bhd., a Malaysia Firm. She just concluded negotiations for the sale of toys equipment to Sum Bat Lhe Mok, a Thai firm, for THB 500,000,000. The sale is made in March, with payment due three months later in June. Miss Aloya Kueh Lapis has collected the following financial data and market information for the analysis of her currency exposure problem.* Spot rate: MYR 0.1401/THBThree-month forward rate: MYR 0.1414/THB* Thom Thom Bek Bhd's cost of capital: 12.0%Thailand three-month borrowing interest rate: 6.5% p.a. Malaysia three-month investment interest rate: 6.3% p.a.-: Thom Thom Bek's foreign exchange advisory service forecasts that the spotrate in three months will be MYR 0.1418/THBWhat alternatives are available to Miss Aloya for receiving payment? Show your workings.(8 Marks)ii. Which method would you recommend for Miss Aloya? Why?

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