Which one of the following is a suggested method of reducing a U.S. importer's short-run exposure to exchange rate risk?

Answer

		entering a forward exchange agreement timed to match the invoice date
		investing U.S. dollars when an order is placed and using the investment proceeds to pay the invoice
		exchanging funds on the spot market at the time an order is placed with a foreign supplier
		exchanging funds on the spot market at the time an order is received
		exchanging funds on the spot market at the time an invoice is payable