Techinfo Ltd. Has imported specialty computer equipments worth US$ 250,000 from a company in US. The amount due for the imports is payable after 3 months. Mr. Garg, the treasury manager of Techinfo has collected the following market quotes: Exchange rates: Sport Forward Rs./$ 3 month 47.15/47.30 55/60 Interest rates(p.a.): Dollar Rupee (3 months) (3 months) 6.00%/6.50% 10.00%/11.00% The supplier of the equipments has offered a discount of $5000 if the payable is settled at the current date. Mr. Garg is reviewing the following alternatives to settle the payable: i. Cover through forward market. ii. Cover through money market. iii. Avail the cash discount of $5000 by taking a bridge loan at 9% p.a. from a lending institution