Central Valley Transit Inc. (CVT) has just signed a contract to purchase light rail cars from a manufacturer in Germany for 3,000,000 euros. The purchase was made in June with payment due six months later in December. Because this is a sizable contract for the firm and because the contract is in euros rather than dollars, CVT is considering several hedging alternatives to reduce the exchange rate risk arising from the sale. HCVT chooses NOT to hedge their euro payable, the amount they pay in six months will be O A. $3,500,000 OB. $3,900.000 O C. 3,000,000 euros OD. unknown today Central Valley Transit Inc. (CVT) has just signed a contract to purchase light rail cars from a manufacturer in Germany for 3,000,000 euros. The purchase was made in June with payment due six months later in December. Because this is a sizable contract for the firm and because the contract is in euros rather than dollars, CVT is considering several hedging alternatives to reduce the exchange rate risk arising from the sale. HCVT chooses NOT to hedge their euro payable, the amount they pay in six months will be O A. $3,500,000 OB. $3,900.000 O C. 3,000,000 euros OD. unknown today