The global Treasury of 123 MNC is forecasting for the next year the following Trading Log:

Transaction	FX	AMT	Volatility
Short USD against Euro	1,08	20 MILLION	7%
Long GBP against Euro	1,23	50 MILLION	8%
Long 10 MT of Coffee Bean	600k/ MT	6Million USD	10%
Short 5MT of 22K Gold	$25Mi / MT	125 Million USD	4%
Long 1 million APPLE Shares	50 $ / share	50 million	4,2%
Short 2 million AMAZON shares	100 $ / share	200 million	6,3%

1-Calculate and interpret the finding of the VAR at 95% for each position

2-What are the best hedging strategies / products to manage the exposure of 123 MNC in each position? What is the P&L for each hedging strategy?

3-Is there a possibility of Netting if the 123 MNC has subsidiaries in Kenya, UK and Germany? How will it work?