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Please answer the following questions and all its parts(max 4 parts according to chegg). Failure to do so will result in negative rating. Try answering on a piece of paper if possible and scan it please and i will give good rating. Thanks!

Finance - Hlw 201813 X is a UK based company which has the following us of transaction One month: Expected receipt of $240.000. one month : Expected payment of $140.000, 3 months : Expected receipts of $300 000. The finance manager has collected the following information: Spot rate ($ per ):* 1.782010.0002 One month forward rate ($ per ): 1.7829 +0.0003. 3 months forward rate (sper ): 1.7846 +0.0004 Money rates for x : Borrowing Deposit One year sterling interest rate 4.41 4.6.10 One year dollar interest rate 5.1.fo ca) Callulate the expected sterling receipts in i month and in 3 months using the forward market. cb) Calculate the expected sterling receipts in 3 months using a money market hedge and recommend whether a forward market hedge ora money market hedge should be used c) Discuss how sterling currency futures contracts could be used to hedge the 3 month dollar receipt Cd) when using currency futures, very often companies face situations of an imperfect hedge. Explain, using appropriate illustrations, the term imperfect hedge and 504080 elaborate on how it can be addressed

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