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Question: If you have a A/P of Swedish Krona 2.5 million due in 3 months, and you would like to use euro futures contract from CME to hedge the risk. Assume today's exchange rate is €1 = SEK8.2. The contract size for euro futures is €125,000 per contract. How many euro futures contract should you enter today? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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