Suppose on 11/7/2023 a U.S. MNC wishes to minimize the $ payable for Mex $50,000,000 it will pay in 4 months. The U.S. MNC is concerned that the Mex\$ will increase in value relative to the $ and the U.S. MNC will end up paying more in \$'s. Answer the following questions on how the U.S. MNC would set up a futures hedge? Assume the hedge is set up at time t. (Initial margin is $1,430/ contract: Maintenance margin is $1,300 /contract). The closing prices are below: ( contract size = Mex $500,000) What is the total gain or loss (from the futures hedge and this payable) if at the end of time t+3 (11/10/23) the US MNC wishes pays the Mex\$ earlier than anticipated (i.e., pay at the end of t+3). Assume the spot rate on this same day is $0.05172/ Mex $ ? $57,000 $0 None of these answers are correct $57,000 $16,000 $16,000