A portfolio manager at company ABC is examining the company's outstanding FX exposures as of June 1, 2023. The manager decides to hedge a net receivable of EUR 5,000,000 due on December 1, 2023. On June 1, 2023, the EUR spot rate is USD 1.07 per EUR 1, and the 6-month EUR forward rate is USD 1.10 per EUR 1. The manager investigates whether it is better to lock in the exchange rate by taking a position in the forward contract and locking the selling price in 6 months or to sell a 6-month EUR 5,000,000 call option with a strike price of USD 1.07 per EUR 1. Which of the following statements is most likely correct?