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Please use the following information to answer the question below: A US firm's Accounts Payables due in 1 year is CHF 10,000,000 $1.20 5% 2%

Please use the following information to answer the question below: A US firm's Accounts Payables due in 1 year is CHF 10,000,000 $1.20 5% 2% Current Spot rate for CHF is (SR): Annual interest rate in US is (Rh) Annual interest rate in Switzerland is (Rf): to hedge its accounts payable: Suppose the current one-year forward rate for CHF is $1.22, the firm should use a money market hedge forward hedge

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