0. The spot USD/BP exchange rate is 1.32. British interest rates are at 1% and US interest rates are at 1.8% a. Find the price of a 3 month futures (in USD) for delivery of 1BP. b. The ABC corporation has a liability of 22 Million British Pounds that comes due in three months. Use the previous information to determine the dollar amount ABC will need to buy or sell of the futures to hedge the liability. c. A one-month S&P 500 futures is quoted at 2927.4. The interest rate is 2.5%. The S&P 500 index is at 2525. What dividend yield did the market assume to price this futures contract?