Given that Marilyn and Steve are worried that the university administration may not approve the use of hedging tools, develop a plan that will help prevent NSU from repeating large past losses without using any of the hedging techniques in item 3 above. Hint: Could a risk premium (i.e. an increase in the advertised tuition over and above that computed at the January exchange rate} he fashioned using the histogram shown in Appendix A? What are the pros and cons of your alternative method relative to the more standard methods