The following information is for Questions 1-3. Parker Company needs to pay SF200,000 in 1 year to its supplier. Assume the following interest rates available to Parker for borrowing and lending (investing) in USD and SF: U.S. (USD) 6% 6% Switzerland (SF) 5% 1-year borrowing rate 1-year lending rate 5% Assume the current 1-year forward rate of the Swiss franc is $0.50/SF and the current spot rate of the Swiss franc is $0 48/SF Which alternative should Parker Company choose? Money market hedge Forward Hedge