On June 1st, 2020, Ford expects to ship 100,000 boxes of parts from its Canadian subsidiary to its US dealers on 270-day terms at $500 per box. Therefore, Ford will receive $ payments from these outlets on February 26th, 2021. Assuming that Ford needs to cover its C$ expenses in Canada and thus wants to hedge its C$/$ exposure using a forward contract with Citibank, what is the minimum amount of C$s they should receive on February 26th, 2021 given the 9-month forward rate you calculated in problem one for one $ in terms of C$? What are two other ways Ford might hedge its C$/$ exposure? 9-month forward rate = 1.2798.