Intro A Japanese importer has a $1,250,000 payable due in one year. Spot exchange rates $ 1.00 = W 100 1-year Forward Rates $ 1.00 = \ 110 Contract size \ 12,500,000 Detail a strategy using forward contracts that will hedge his exchange rate risk Part 1 * Attempt 1/5 for 10 pts. Check all that apply Go long yen forward contracts if available. Go short yen forward contracts if available. Go long dollar forward contracts if available. Go short dollar forward contracts if available. Submit