You are working for an Australian corporate exporting goods to United Kingdom. Your supervisor asks you to estimate the potential hedging cost for a sale which will be settled in one year. You observe the following data from the international market:

$\backslash$table$[[$Spot Rate,$\backslash$table$[[$Expected Future$],[$Spot Rate$]],,\backslash$table$[[$Interest$],[$Rate$]]],[$AUD$/$USD $1\mathrm{.}33,1\mathrm{.}37,$AUD,$2\%$