ener question will save this response. Question 14 2 points On January 1, Madison Co, negotiated a 90 days forward contract to buy 100 milion Japanese yen at Sen 0.009. After 30 days. Madison Co. want to let the forward corect, time 60 days forward contract is available at Sen 0.007. [Mariss 0.5+0.5+1-21 Required: a. For offsetting contract, Madison will buy or sell Yen? b. For offsetting contract after 30 days Madison make 60 days or 90 days contract c. What is the profit or loss in offsetting contract? Paragraph. Artal