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1). Given the high price of jet fuel at the end of 2011, should JetBlue hedge its fuel costs for 2012? What risks are being

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1). Given the high price of jet fuel at the end of 2011, should JetBlue hedge its fuel costs for 2012? What risks are being hedged, and what risks are left unhedged? Think about the reasons for hedging and the pros and cons of hedging versus not hedging

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