Identify the one true statement about hedging with futures:

$($a$)$ The expiration dates of the futures contract always match those for the currency

inflows$/$outflows that the contract is meant to hedge.

$($b$)$ You can always find the futures contract on a currency which you wish to hedge.

$($c$)$ Hedging with futures involves higher transaction costs than hedging with forwards.

$($d$)$ A currency$-$mismatch can be hedged via a cross$-$hedge.

$($e$)$ None of the above.