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Your firm owes $150 million euros, which will be due in one year. If a foreign exchange futures contract is for 125,000 euros at a

Your firm owes $150 million euros, which will be due in one year. If a foreign exchange futures contract is for 125,000 euros at a price of $1 per euro, what can you do to hedge against your foreign exchange rate risk?

A: Sell 1,200 euro futures contracts

B: Buy 1,200 euro futures contracts

C: Sell 600 euro futures contracts

D: Buy 600 euro futures contracts

E: none of the above

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