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Suppose that the overnight interest rate target had been reliably stable for a relatively long time, and that unexpectedly the Bank of Canada did not decrease the ovemight interest rate target but somewhat let the markets know that there could be a reduction in the near future, How do you think that nancial managers will react to this news? O A. Financial managers will likely take long positions to offset their existing short positions and take short positions to offset their existing long positions in assets that would be affected by an actual reduction in the overnight interest rate target. O B. Financial managers will likely try to take short positions on assets, regardless of their current holdings. O 0. Financial managers will likely try to take long positions on assets, regardless of their current holdings, O D. Financial managers will likely supplement their existing long positions with additional long positions and supplement their existing short positions with additional short positions in assets that would be affected by an actual reduction in the overnight interest rate target. O E. Financial managers will not likely react to this news, since the overnight interest rate target has not changed. Which instruments can they use to hedge against a change in interest rates? (Select all that apply.) :\\ A. Financial futures contracts :\\ B. Options :\\ C. Forward contracts :\\ D. None of the above Click to select your answer(s)