Which of the Following Is an Example in Which a Firm

Which of the following is an example in which a firm might be indifferent between liability and risk management choices?

A) Taking a long position in the futures contract,a long position in a call option and a short position in the underlying asset
B) Taking a long position in the futures contract and a short position in the underlying asset
C) Borrowing in floating rates,enter into a floating-to-fixed interest swap and lending in floating rates
D) Borrowing foreign currency and swapping the foreign currency debt for a local currency obligation