A clothing company major contract due in six months for which cotton is one of the company's main puts. The company is worried about that cotton prices may increase substantially in the near future given the coming of hurricane season in the cotton produce. The dating corny ale faces the risk of adverse change in the currency exchange rate as the products due in this will be exported to Europe. They are worried that when receiving the payment in uro in smooth the value of turesi decreasing compared to US dpi Discuss how the clothing company can use future towards or options to hedge against the cotton price risk and the currency exchange rates (6 points). Briefly explain the advantages and disadvantages of using futures forwards and options in hedging, respectively (6 points) A clothing company major contract due in six months for which cotton is one of the company's main puts. The company is worried about that cotton prices may increase substantially in the near future given the coming of hurricane season in the cotton produce. The dating corny ale faces the risk of adverse change in the currency exchange rate as the products due in this will be exported to Europe. They are worried that when receiving the payment in uro in smooth the value of turesi decreasing compared to US dpi Discuss how the clothing company can use future towards or options to hedge against the cotton price risk and the currency exchange rates (6 points). Briefly explain the advantages and disadvantages of using futures forwards and options in hedging, respectively (6 points)