In 4 months your company will retire a $1,000,000 liability, as company treasurer, you have been given the task of hedging the price of 1-year maturity treasury bills for 4 months at which time you will sell $1,000,000 worth of treasury bills. The duration of the cheapest-to-deliver bond on the futures contract that settles in 4 months is 1.10 and the futures price per futures contract is $88, 735.22. What position would you take in the futures contract that settles in 4 months to hedge your $1,000,000 exposure? Short 10.25 contracts Short 6.83 contracts Long 10.25 contracts None of the above