Which of the following is an appropriate strategy for a multinational corporation to hedge a foreign currency payable, where their goal is to limit the impact of unfavourable exchange rate changes on their domestic currency value? Select one: Purchasing the domestic currency at a forward exchange rate in exchange for foreign currency Engaging in a money market hedge that involves an investment in the foreign currency as one of its steps Taking a long position on call option with the domestic currency as the underlying asset Taking a long position on put option with the foreign currency as the underlying asset Taking a long futures contract position on their domestic currency, with margin balances accounted for in the foreign currency