Fantastique Inc. bids on a foreign contract. Suppose a winning bid means that firm will receive a payment of 12 million in 18 months. At a current exchange rate of $1.57 per euro, the project would be profitable. But if the exchange rate falls to $1.10 per euro, the project would be a loser. Fantastique has an option similar to a ______ option, which enables it to minimize the risk by taking the following action: Take a short position in a forward contract to convert $12 million into Euros at a fixed rate of $1.10 per euro in 9 months. Purchase a currency call option to buy 12 million in 18 months at a fixed price of $1.50 per euro Take a short position in a forward contract to convert 12 million into dollars at a fixed rate of $1.50 per euro in 9 months. Purchase a currency put option to sell 12 million in 18 months at a fixed price of $1.50 per euro