Backward Industries - a US based MNC - projects it will receive 50,000 Brazilian Real (BRZ) from a Brazilian customer in 3 months, however, it is only 50% certain that the money will actually be paid out as the customer is currently in financial distress. Backward wants to reduce its exposure to foreign exchange rate risk. Which of the following is the best option for Backward in this situation?

A. Buy a put option on the Brazilian Real

B. Do not hedge this exposure

C. Tell your Brazilian customer not to pay

D. Buy a put option on the US Dollar

E. Enter into a forward contract to buy Brazilian Real

F. Buy a call option on the Brazilian Real