A firm has a receivable of C$1,500,000. They hedge this exposure with a put option with a strike price of $1.8000 / C$. The premium of the option is $0.0900. If at the time of payment the spot price

Question: How does the firm hedge their receivable of C$1,500,000?

Options:
A. With a put option
B. With a call option
C. With a futures contract
D. With a forward contract