A USHedge Fund Owns Swiss Franc Bonds

A U.S.hedge fund owns Swiss franc bonds.The fund manager believes that if Swiss interest rates rise relative to U.S.interest rates the value of the franc will rise.To limit the risk to the fund's dollar return,the fund manager should __________.

A) sell the Swiss franc bonds now
B) sell the Swiss franc forward
C) probably do nothing because the franc move will offset the lower bond price
D) enter into an interest rate swap to pay variable and receive fixed