Suppose Golden Eagle Company that buys bicycle parts from Ireland has an accounts payable worth euro 1, 500,000 due in three months. Suppose the current rate is euro 1/$. It wants to hedge in the forward market against the possibility that.:
1. dollar may depreciate against euro in three months time
2. short-term interest rates may rise in three months time.
3. short-term interest rates may rise in three months time.
4. dollar may appreciate against euro in three months time