Question: I chose answer 3 and got it wrong. Can you please explain why? Suppose an American - based firm is due to be paid in

I chose answer 3 and got it wrong. Can you please explain why?
Suppose an American-based firm is due to be paid in euros in two months. To hedge against exchange rate risk, the American firm should:
1)Sell euro futures.
2)Buy euro futures.
3)Buy forward contract in euros.
4)Do none of the above.

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