A financial intermediary's balance sheet is such that DA=5,DL=3. This FI has $300 million in assets and net worth (equity) of $50 million. Suppose that the FI has futures contracts available on 10-year US Treasuries. These bonds have a duration of 8.17, pay a coupon of 4%, and are priced to yield 6% and sell for $0.851 per $1. The minimum contract size is $100,000. How many contracts are required to fully hedge the interest rate exposure of this FI? Round your final answer to the nearest whole number. The FI needs to contracts