I need a report written by the CFO of a UK based company to its board of directors that outlines options available on the capital market for attaining 50 million pounds in capital to finance expansion projects across national boarders. Each option must be evaluated and both advantages and disadvantages of the options must be presented. Also, an overall decision must be made on why the CFO recommend the company use the selected approach(options). Additionally, the board of directors are risk adverse, so there must be an analysis done on derivates (futures, forwards, options and swaps) that can be used to hedge foreign exchange risk.