A US company has land in Acapulco that will likely be sold in the next year. There are two possible states of the world. With a probability $75\%$ the exchange rate will be$$0\mathrm{.}3600/$ P$.$ In this case the land will be worth P $7,500,000.$ With a probability $25\%$ the exchange rate will be $$0\mathrm{.}3672/$ P and the land will be worth P $7\mathrm{.}333,333.$ How would you use financial hedging to hedge this exposure?

$1-$ Buy P $7,500,000$ forward

$2-$None of the alternatives

$3-$Buy P $1,000\mathrm{.}000$ forward

$4-$Sell P $7333,333$ forward

$5-$Sell P $980\mathrm{.}000$ forward

the correct answer is $3$ but how to solvetnt it