If a German firm desires to avoid the risk from exchange rate fluctuations, and it will receive $180,000 in 180 days from its business client in the United States, it could:

obtain a 180-day forward sale contract on U.S. dollars(i.e., sell a 180-day forward contract on U.S. dollars). obtain a 180-day forward buy contract on U.S. dollars(i.e., buy a 180-day forward contract on U.S. dollars). purchase a 180-day call options on U.S. dollars. buy U.S. dollars when its due at the spot market with the spot rate.