HoleSale Inc. USA exports manhole covers to Japan and Germany. Over the next six months, the company anticipates sales of 1,000 units to Japan and 500 units to Germany. The price of manhole covers is set at JPY 10,000 and EUR 80 in Japan and Germany, respectively. The following information is given: 

• The standard deviation of changes in the USD/JPY spot exchange rate is 0.0005. 

• The standard deviation of changes in the USD/EUR forward exchange rate is 0.05. 

• The correlation of changes in the USD/JPY spot rate with changes in the USD/EUR forward rate is −0:40. 

• There is no basis risk in hedging USD/EUR spot with USD/EUR forwards.

HoleSale Inc. is going to use the USD/EUR forward market to hedge all currency risk across countries to which it sells its product by booking a single forward contract that minimizes the company’s risk. How many units of this contract should the firm buy/sell?