You are a sales manager for Google Nexus and export cellular phones from the United States to other countries. You have just signed a deal to ship phones to a British distributor. The deal is denominated in pounds, and you will receive 900,000 when the phones arrive in London in 1 year. Assume that you can borrow and lend at 7% p.a. in U.S. dollars and at 10% p.a. in British pounds. Both interest rate quotes are for one year. The spot exchange rate is $1.4945/, and the 1 year forward exchange rate is $1.4802/. You decide to hedge the risk with a forward contract. What is the forward hedge dollar revenue? (1 point) O $1,308,367 O $1.031,878 $1,036,140 $1.332.180 None of the above