Hi, I was wondering if anyone could break down these steps and explain which is the correct answer. I believe it the answer was B, but I want to understand why

3) Your firm is a Swiss importer of bicycles . You have placed an order with an Italian firm for* E1, 000, 000 worth of bicycles . Payment ( in cura ) is due in 12 months . Detail a strategy using* futures contracts that will hedge your exchange rate risk . Have an estimate of how many contracts of what type and maturity . Currency per U. S. Sequiv . U. S. S Contract Size EUR 10, 000 Spot 1. 5600 EUR 0. 6410 12 months forward 5 1. 6000 EUR \0. 6250 5Fr. 10, 000 Spot 5 0.9200 SFr. 1. 0870 12 months forward 5 1.0000 5FT. 1. 0000 A ) Go short 100 12 - month euro futures contracts ; and short 160 12 - month Swiss franc futures* contracts . B3 ) Go long 100 12 - month cura futures contracts ; and short 160 12 - month Swiss franc futures Contracts . C) Go long 100 12- month curo futures contracts ; and long 160 12 - month Swiss franc futures contracts . D ) Go short 100 12 - month euro futures contracts ; and long 160 12 - month Swiss franc futures contracts