FX net cash flow question: Rivera's portfolio perfectly hedged

CFA Level III Derivatives
#1

Hello all, I checked the errata and I cannot see that this was addressed. Can someone please post the correct solution for this? I worked it out and got stuck halfway.

Assume Rivera’s portfolio was perfectly hedged. It is now time to rebalance the portfolio and roll the currency hedge forward one month. The relevant data for rebalancing are provided in Exhibit 1.
Exhibit 1: Portfolio and Relevant Market Data

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Calculate the net cash flow (in euros) to maintain the desired hedge. Show your
calculations

#2

I belive the answers giveb are incorrect and the approach to the answer fundamentally wrong.

In my version (I have chekced no errata) the caculations they do are not correct. Thuey divide a number by a value > 1 and get a larger number.

They also seem to think initiating a forward will generate a cash outlfow at the start.

They have had problems with this question for years, This year they updated the fx rates used but not their calcaultions are all wrong too.