orre Co. needs 200,000 Canadian dollars (C$) in 90 days and is trying to determine whether to hedge this position. Lorre estimate the value of C$ will be $0.56 with probability 25%, $0.568 with probability 20%, $0.576 with probability 25%, and $0.589 with probability 20%. The 90-day forward rate of the Canadian dollar is $.585, and the current spot rate of the Canadian dollar is $.56. If Lorre implements a forward hedge, what is the probability that hedging will be more costly to the firm than not hedging?