Q) A company The company is July and are wishes to use financial futures to hedge its interest rate exposure sell 10 Treasury second futures Contracts at $137 K per contract It and the contracts must be closed out in Der of this year Long-term interest rates currently 13-74% to 14.82% assume the value of the contracts down by 7%. Also it interest rates do increase by 1.54% firm will have additional interest expense its business bans and other commitments of 53k . This expense will be separate from the futures contract. In percentage terms, what the net cost / gain to the firm once the increased interest expense is accounted for ? assume