ABC Inc., a US importer of European products wishes to devise a hedge of a 32 million Thai Bhat (Bt) outflow, expected in 3 months. ABCs financial experts suggest that this exposure can be hedged using different combinations of (Euro), CHF (Swiss Franc), (Yen) and (British pound) futures contracts. They presented the following results of their analysis to the CFO:

S$/Bt = 0.03 [t=1.34]	+	0.95 f$/CHF [t=7.50]	- 2.55 f$/ [t=2.73]		R2=0.87
S$/Bt = 0.03 [t=1.31]	- 0.47 f$/ [t=12.50]		+	1.55 f$/ [t=1.41]	R2=0.93

Upon seeing the above, the CFO got confused and did not know what to do. All he remembered is that the size of the , CHF, , and futures contracts is 100,000 , 125,000 CHF, 12,500,000 and 62,500 , respectively. Can you help him devise the hedge? How many contracts does ABC need to buy/sell if its primary goal is to reduce the exposure as much as possible?