If your firm expects the euro to substantially depreciate, it could speculate by _______ euro call options or _______ euros forward in the forward exchange market.

A) selling; selling

B) selling; purchasing

C) purchasing; purchasing

D) purchasing; selling

If your firm expects the euro to substantially appreciate, it could speculate by euro call options or

euros forward in the forward exchange market.

selling; selling

selling; purchasing

purchasing; purchasing

purchasing; selling