please be detailed!

A Japanese business has 500,000 USD payable in six months and wants to hedge it using a money market hedge. The following data apply to the exchange rate and money markets in the United States and Japan: spot rate JPY/USD 131.50 - 132.40 180-day forward rate JPY/USD 130.43 - 131.82 US 180-day money market rate 4.5 - 5.2% Swiss 180-day money market rate 2.8 - 3.4 % You are considering two different plans for this hedge: i. a forward hedge ii. a money market hedge a. Compute how many JPY this business will have to pay six months from today if it hedges through the money market. Also calculate the forward rate implied by the money market hedge and explain whether it makes sense based on the observed spot and interest rates. Show all your work in the textbox. [10] y money market rate Swiss 180-day money market rate 4.5-5.2% 2.8 -3.4% You are considering two different plans for this hedge: i. a forward hedge ii. a money market hedge a. Compute how many JPY this business will have to pay six months from today if it hedges through the money market. Also calculate the forward rate implied by the money market hedge and explain whether it makes sense based on the observed spot and interest rates. Show all your work in the textbox. [10] b. Compute the breakeven interest rate between the two alternative hedging plans. Comment on which one your company should select and why, making reference to the cost of capital as appropriate benchmark. Show all your work in the textbox. 16]