Which of the following statements are correct?

(a) A forward purchase contract can be replicated by: borrowing foreign currency, converting it to domestic currency, and investing the domestic currency.

(b) A forward purchase contract can be replicated by: borrowing domestic currency, converting it to foreign currency, and investing the foreign currency.

(c) A forward sale contract can be replicated by: borrowing foreign currency, converting it to domestic currency, and investing the domestic currency.

(d) A forward sale contract can be replicated by: borrowing domestic currency, converting it to foreign currency, and investing the foreign currency.