If you want to hedge and owe a firm a foreign currency in the future,you would

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Buying the foreign currency forward would allow you to lock in a future exchange rate and protect against any adverse movements in the currency. This would be a form of hedging. Selling the foreign currency forward, on the other hand, would be a speculative position and would not necessarily provide protection against currency risk. Option C is also a speculative position and does not provide any risk protection. Option D would require accessing a bank account and may not be the most efficient method of hedging against currency risk.

If You Want to Hedge and Owe a Firm a Foreign