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Question 18 The contract size for Hungarian Forint (HUF) futures is HUF 100,000. How many futures contracts should an American company importing goods from Hungary

Question 18

The contract size for Hungarian Forint (HUF) futures is HUF 100,000. How many futures contracts should an American company importing goods from Hungary buy or sell, if it needs to pay $279,746,868 in 7 months?

Provide your answer rounded to the nearest integer.

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