5. It is March 1. A U.S. company expects to pay 100 million Japanese yen at the end of July. Yen futures contracts offered by the CME Group have delivery months of March, June, September, and December. One contract is for the delivery of 12.5 million yen. The September contract was chosen for hedging purposes. We suppose that the futures price on March 1 in cents per yen is 1.2150 and that the spot and futures prices when the contract is closed out are 1.2250 and 1.2200 cents per yen, respectively. What should the firm do in terms of the position to take and the number of contracts to trade for the hedging and what is the total dollar amount paid by the company