Which one of the following statements is correct?

A$.$

A long$-$run exposure can be efficiently hedged using derivatives

B$.$

Insurance is the best tool to manage strategic risk

C$.$

Risk profile can be used to measure a degree of price risk exposure

D$.$

Using a forward contract to hedge price risk can only eliminate downside risk of price movements

E$.$

One can minimize risk due to price fluctuation by increasing the slope the risk profile