Question 26 4 points Which of the following statements is correct for a U.S. importing firm that owes GBP 1,000,000 payable in three months? Assume the company's WACC is 12 p.a, and the UK deposit rates are 84 p.a. The current spot rate is USD1.45/GBP and the 3-month forward rate is USD 150/GBP, The U.S. Importer can lock the payable at the cost at USD 1,464,216 using money markets The forward hedge is more expensive than the money market hedge for the importer The U.S. importer can lock the payable at the cost of USD 1,450,000 using a forward contract Using a money market hedge, the U.S. importer needs to invest GBP 1,000,000 today The U.S. importer can lock the payable at the cost at USD 1,412,338 using money markets