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Suppose on 4/9/2024 a U.S. MNC wishes to minimize the $ payable for Mex $50,000,000...

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Accounting

Suppose on 4/9/2024 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:
\table[[(contract size = Mex $500,000,],[49?24(t),$0.05026? Mex$],[410?24(t+1),$0.05003? Mex$],[411?24(t+2),$0.04991? Mex$],[412?24(t+3),$0.05058Mex$
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