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(MMH-importer, 1/4) Boeing imported a Rolls-Royce jet engine for 5 million in one year. The market conditions are given as follows: is=2.2%, i = 2.8%,

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(MMH-importer, 1/4) Boeing imported a Rolls-Royce jet engine for 5 million in one year. The market conditions are given as follows: is=2.2%, i = 2.8%, So = $1.12/1, F1 = $1.11/1. Which of the following is a correct step of a money market hedge? Boeing borrows $4,539,070 in the United States at the prevailing interest rate of 2.8% O Boeing borrows 5,000,000 in the United Kingdom at the prevailing interest rate of 2.8% O Boeing borrows $5,464,285 in the United States at the prevailing interest rate of 2.2% Boeing borrows $5,447,471 in the United States at the prevailing interest rate of 2.2%

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