Question: Question 9 1 points Saved Lear will make a payment of 100 M MXN (100 million Mexican pesos) on December 21, 2020 as part of

Question 9 1 points Saved "Lear will make a payment of 100 M MXN (100 million Mexican pesos) on December 21, 2020 as part of a significant capital investment in one of its facilities in Ciudad Jurez, Mexico. Lears currency of operation is the USD, therefore, Lear is concerned about the volatility of the dollar-peso exchange rate. You are helping construct a hedge today using futures on the Chicago Mercantile Exchange (CME) where a contract for 500,000 MXN trades. Assume today is in June 2020. How many contracts should you long or short? 0 1 10 100 200 500

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