Mesa should take account of currency hedging risk. It could sell pounds on advance contracts (for future dates when pounds are received). Secondly, the seller of pounds on the first available date of settlement after receipt of pounds may use currency future agreements. Third, it could buy money, since these options are in the price that Mesa could trade for pounds for a dollar, and it can hedge its pound receivables. Meanwhile, to ensure the stabilization of sales, Mesa should consider covering its exchange risk. Mesa can hedge via advance agreements, futures agreements, and monetary options