Tektronics is a manufacturer of scientific instruments and is a US based MNC$.$ The company$$s treasurer, Dr$.$ Robert Grosse, needs to choose an instrument to hedge a $1\mathrm{.}00$ million sale to Siemens, Germany and the payment is due in six months. His bank has given him the following quotes: He needs your assistance in hedging this transaction exposure. His firm does not permit remaining unhedged.

Calculate the following:

$1.$ Forward Market Hedge

$2.$ Money Market Hedge at Market Rates