Harley Davidson Corporation (based in the U. S.) just entered into a five-year contract to supply motorcycles to an Australian company. Harley Davidson will receive Australian dollar-denominated payments from the customer over the next five years. Harley Davidson can reduce its operating exposure by

Buying call options on the Australian dollar

Entering into interest rate swap contracts to swap fixed interest rate cash flows for floating interest rate cash flows

Entering into cross-currency swaps contracts to sell U. S. dollars and buy Australian dollars

Entering into cross-currency swap contracts to sell Australian dollars and buy U. S. dollars

Entering into a forward contract to sell U. S. dollars and buy Australian dollars