Suppose that you are a US. based importer of goods from the United Kingdom. You expect the value of the pound to incrense against the US. dollar over the next 30 days. You will be moking payment on a shipment of imported goods in 30 days and want to hedge your currency exposure. The U.S. risk free rote is 40 percent, and the UK. ritk-free rate is 30 percent. These fotes ore expected to femain unchanged ovet the fiext month. The current spot rate is $2.50 t. Whether you should use a long or short forward contract to hedge the currency risk. Long position in forword contract Short postion in forward contract b. Colculote the no-arbitroge ptice of which you could antet into a forwat contrect thet explres in 30 deys. (Da not round intermediate calculations. Round your antwer to 4 decimn(yisces.) round intermeditese celculetions. Round your eriswer to 4 decimel pleces.)