Use the following information to calculate the dollar cost of using a money market hedge to hedge 60,000 of payables due in a year. Assume the firm has no excess cash. Assume the spot rate of the pound is $1.61/, the one-year forward rate is $1.58/. The British interest rate is 7%, and the U.S. interest rate is 2.5% over the year, Select one: O a $89,451 b. $90,938 OC. $95,250 d. $92,537