A US company has land in Toronto that will likely be sold in the next year. There are two

possible states of the world. With a probability $20\%$ the exchange rate will be $$1\mathrm{.}9000/$C$$.$ In

this case the land will be worth C$$500,000.$ With a probability $80\%$ the exchange rate will be

$$1\mathrm{.}9190/$C$ and the land will be worth C$$502,500.$ How would you use financial hedging to

hedge this exposure?