A car dealer in U.S. expects a delivery of new Honda Civics from Japan in 3 months.

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Question:

A car dealer in U.S. expects a delivery of new Honda Civics from Japan in 3 months. The price is fixed in Japanese yen. The dealer can eliminate the exchange risk if he hedges by

		Exchanging $ for yen at the spot rate and investing the proceeds in Japan
		Selling forward yen for $
		Buying forward yen for $
		"He can do either (A) or (C), both would work"
		There is no exchange risk for the dealer