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URGENT!!! - definitely will upvote No handwritten or pictures (A)In December, a treasurer receives a notification of a RM20,000,000 borrowing requirement in March the following

URGENT!!! - definitely will upvote

No handwritten or pictures

(A)In December, a treasurer receives a notification of a RM20,000,000 borrowing requirement in March the following year. The loan will be needed for 6 months. By using strip hedging (combining March and June futures contracts), what is the best strategy that the treasurer should take? (Indicate the strategy & number of contracts)

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