A US company decides to hedge its bid on a construction project based in Mexico. However, the peso exposure is contingent on acceptance of its bid, so the company decides to buy a call option for the MXN19 million bid amount rather than sell it forward. The company simultaneously sells a put option for MXN19 million with the same strike price. Which of the following statements is true? The company's strategy is identical to a long forward and will be a good hedge if the peso appreciates against the USD. O b. The company's strategy is identical to a short forward and will be a good hedge if the peso appreciates against the USD. The company's strategy is identical to a long forward and will be a good hedge if the peso depreciates against the USD. O d. The company's strategy is identical to a short forward and will be a good hedge if the peso depreciates against the USD. More than one of these options is correct. e