forward market hedging & money market hedging

I was trying to solve questions on forward and money market hedging and i came across such a scenario: X Co is a UK co which frequently trades in high tech goods with USA based companies.The following imports and exports are due in 6 months time: Halo Exports to Halo imports from Co. A pound 150,000 $ 1,000,000 Co.B nil $ 700,000 Co.C $500,000 pound 400,000 Exch rates $/Pound Spot 1.9966-2.002 6 months forward 1.9711-1.9755 Annual borrowing and investing rates available to Halo are: Sterling upto 6 months 6.5% – 5.2% Dollar upto 6 months 5.0% – 3.0% show how 6 month risk could be managed using forward market hedging money market hedging please help.