thanks in advance.

6. Roland Enterprises has exposure to GBP because of its UK sales. It is considering the use of GBP futures to mitigate its risk. The CFO of 17 of 7 Roland is not confident that GBP futures are priced accurately in markets and assigns the task of futures pricing to his assistant Mary Snead. Assume that LIBOR interest rates based on USD and GBP for 6-month maturities are 3.14% and 5.76% respectively. Spot GBPUSD equals 1.90. Calculate the benchmark rate for the 6-month GBPUSD futures contract in contin- uous time