Your firm is a Swiss importer of bicycles.You have placed an order with a British firm for £1,000,000 worth of bicycles.Payment (in pounds sterling) is due in 12 months.Use a money market hedge to redenominate this one-year pound denominated payable into a Swiss franc-denominated payable with a one-year maturity. 
The following were computed without rounding.Select the answer closest to yours.
A) SFr.2,000,000
B) SFr.2,151,118.62
C) SFr.2,068,383.28
D) SFr.1,921,941.75
Correct Answer:
Verified
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