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1. Exxon Mobil is one of the largest oil producers. The firm worries about future adverse movements in oil price. What should the firm do

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1. Exxon Mobil is one of the largest oil producers. The firm worries about future adverse movements in oil price. What should the firm do to hedge against this risk using futures contracts? Explain your answer 2. AUS company is exporting goods to Germany and will be paid in Euros in a year. What is the firm's concern when they will receive Euros in a year and what should they do to hedge using futures contracts? Explain your answer 3. A US company is importing goods from Canada and will pay in Canadian dollars in a year. What is the firm's concern when they will have to pay in Canadian dollar in a year and what should they do to hedge using futures contracts? Explain your

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