Research tells the head LatAm trader that Mexico will implement strong macroeconomic adjustment and structural reforms. which will boost exports; increase real GDP growth; raise corporate earnings; and improve the fiscal accounts. Please indicate the only trade that IS NOT appropriate for this active management/event driven trade. Buy USD -denominated sovereign bonds (Global bonds issued under NY Law) a. Buy a basket composed of shares from the 10 largest firms listed in MexBol in Mexico measured by their market capitalization C. Short the MXN by selling MXN futures OTC in the United States d. Go long Mexican ETF (EWW) QUESTION 14 Suppose that you want to hedge your long position in Colombian hard currency debt buy buying 5-year Credit Default Swap (CDS) protec tion. The notional amount you want to hedge is US$50 million and the CDS trades at 200 bps. How much will be your quarterly payment to the seller of CDS? Formula: Quarterly Premium = Notional x Swap Rate (in decimal) x (92/360) a. US$250,000 US$1 million O C. US$55,555.37 O d. US$255,555.56