Which of the Following Reflects a Hedge of Net Payables

Multiple Choice

Which of the following reflects a hedge of net payables in British pounds by a U.S. firm?

A) Purchase a currency put option in British pounds.
B) Sell pounds forward.
C) Sell a currency call option in British pounds.
D) Borrow U.S. dollars, convert them to pounds, and invest them in a British pound deposit.
E) Purchase a currency put option in British pounds AND sell pounds forward.