Please I need emergency help with this question and step for step

You must buy an input item for a significant amount for your production in 6 months. The input goods are traded only in Euro (other income and expenses in the company are in Swedish kronor). You want to be able to focus on your daily activities in the coming year and have thus chosen to hedge the future outflow in Euro.

However, after a fundamental analysis, you have an idea of how the dollar will develop in relation to the Swedish krona.

a) The first question is whether you should hedge using a long (buy) or a short (sell) position. The consequent question is whether you should use futures or options as hedge instruments.

b) Also calculate the forward price per unit on a liquid market if the input product is currently traded for SEK 5,000 per unit and the risk-free annual interest rate is 3%.

c) Explain the Protective Put option strategy. Explain why the option strategy has a so-called "downside protection" and a so-called "upside potential".