If Interest Rate Parity Exists and Transactions Costs Are Zero

If interest rate parity exists and transactions costs are zero, the hedging of payables in euros with a forward hedge will ____.

A) have the same result as a call option hedge on payables
B) have the same result as a put option hedge on payables
C) have the same result as a money market hedge on payables
D) require more dollars than a money market hedge
E) A and D