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please send help :))) b) Marks-Jacob Hi Tech Sdn Bhd, expects to make payment of GBP61,200 in 3 months' time to its supplier in London,

please send help :)))
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b) Marks-Jacob Hi Tech Sdn Bhd, expects to make payment of GBP61,200 in 3 months' time to its supplier in London, UK. Due to the recent appreciation of several foreign currencies against the Ringgit, the firm believes that it should hedge this payable either through forward contract or money market Currently, the interest rate in Malaysia and the UK is 12 percent and 8 percent respectively. The current spot rate is RM5 5410/E and the forward rate RM5 5564/E. In your viewpoint, propose which hedging technique is better for Marks-Jacob and justify your answer. (12 marks)

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