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Please use information to answer the question below:A US firm's expectedAccounts Receivables fromUK due in 1 yearGBP 8 , 0 0 0 , 0 0

Please use information to answer the question below:A US firm's expectedAccounts Receivables fromUK due in 1 yearGBP8,000,000Current Spot Rate (SR) forGBPUSD 1.50Annual interest rate in US (Rh)5%Annual interest rate in UK (Rf)8%If the I-year Forward rate for GBP is $1.49, then based on all information given above, the firm should: use a money market hedge use a forward hedge

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