Read question below and solve answer.

A fresh MBA graduate started work last week at a multinational corporation. The corporation operates subsidiaries in many countries. It has borrowed money from banks in many countries, including India, China, Italy, Canada, and Chile. The company generates sufficient cashflows to pay quarterly payments on all these loans. The company sources raw materials from Bolivia and Chile and sells in 20 countries, including Germany, China, US, India, South Africa, Australia, UK, Spain, Switzerland, S. Korea, Japan, and Brazil. The company recently made a large sale of 4 million euros. Given that the US has been increasing in value recently, the new hire decided to hedge the proceeds from this sale expected to be paid in 90 days by entering a forward contract. Should he have done that? (There is no right or wrong answer.)