U.S.	Jordan
360-day borrowing rate	6%	5%
360-day deposit rate	4%	4%

Refer to the interest rates in U.S. and Jordan. Pablo Corp. will receive 150,000 Jordanian dinar (JOD) in 360 days. The current spot rate of the dinar is (bid:$1.46 and ask:$1.47), while the 360-day forward rate is (bid:$1.45 and ask:$1.48). Which is better hedging for Pablo's receipt in $ in 360 days between implementing a money market hedge and a forward contract?

Show your justification numerically.