5) (10 points) You are an importer with a contract to buy 10,000,000 bars of famous Utopian TastesGreat chocolate for a fixed price of 20 Utopian Liras (UTL) each. The current futures price is $0.16/UTL, and the contract specifies delivery of 62,500 UTLs per contact. Assume you can take fractional futures positions if you need to. The exchange rate when you buy the goods will Y be either $0.18 (with probability 3/5) or $0.15 (with probability 2/5). What position would you take to hedge yourself? Long or short, and how many contracts? Show your resulting total costs (including the futures position) when the exchange rate is $0.18 and when it is $0.15