4.If you were importing shoes from China and were going to owe the manufacturer 10,000,000 Yuan in three months how could you use futures markets to protect yourself from currency fluctuations that might hurt you financially? Be very specific about how the process would work. Be sure to discuss all possible outcomes.5.You are three months away from completing a large construction project and obtaining $10,000,000 in permanent financing. You believe interest rates are currently very good and want to hedge against the risk of interest rates going up. Explain how you could do that. Be sure to discuss all possible outcomes.6.Explain how the following factors affect the value of both puts and calls.VolatilityStrike PriceTime to ExpirationMarket Value of Underlying Stock
