A travel agency based in the United States is organizing a tour package to Switzerland and is concerned about potential appreciation of the Swiss franc. Which specific

hedging strategies would be viable to manage the currency risk in this scenario? Select all that apply.

Entering into a forward contract to sell Swiss francs against the U$.$S$.$ dollar

Purchasing a call option to buy Swiss francs at a predetermined exchange rate

Entering into a forward contract to buy Swiss francs against the U$.$S$.$ dollar