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Suppose you have payables due in South African Rand (ZAR). You are thus concerned with a strengthening Rand during the period of time until the

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Suppose you have payables due in South African Rand (ZAR). You are thus concerned with a strengthening Rand during the period of time until the customer pays. Suppose further that you expect the Rand to strengthen during the payables period. Which of the following would NOT be advisable if you wish to hedge your payables? Adopt a Leading payment strategy Adopt a Lagging payment strategy Construct a Money Market Hedge by making an investment in the South African Money Market Purchase Call Options to cover your payables

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