Japanese Firm Sells TV Sets to an American Importer for One

Multiple Choice

Japanese firm sells TV sets to an American importer for one billion yen payable in 90 days. To protect against exchange risk, the importer could

A) borrow yen, convert to dollars, and lend dollars for the interim period
B) sell yen on the forward market
C) sell a call option on yen
D) buy a futures contract for yen on the IMM