Considering the differences between operational hedging and financial hedging

a. nancial hedging, when instituted on a rollover basis, is a superior long-term approach to operational hedging.

b. techniques have the same goal of stabilizing the firm's cash flows in domestic currency, and are equally effective at both the long and short temr

c. O financial hedging may lead to translation exposure while operational hedging would not.

d. ) operational hedging provides a more stable long-term approach than does financial hedging.