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Your firm is an Italian exporter of bicycles, which has just fulfilled an order for a British firm for 1,000,000 worth of bicycles. Payment from the customer (in ) is due in one-year. Use a money market hedge to re-denominate this one-year -receivable into a one-year -receivable. The interest rate on the U.S. $ is 1% (APR). The following quotes are available. A. 1,225,490.20 B. 1,219,815.78 C. 1,244,162.33 D. 1,250,000