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Assume you are a US company and expect to receive €10,000,000 in 3 months’ time

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Assume you are a US company and expect to receive €10,000,000 in 3 months’ time. You wish to use a range forward to hedge the adverse direction. Which of the below strategies represent the most suitable range forward strategy?
Is this the correct answer? = Buying an OTC put option on € with strike price K1 and selling an OTC call option on € with a strike price of K2 where K1<F<K2