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1. Note whether the following are ways to avoid losses through hedging or insuring: (2 pts) a. Lock in a $979.00 fare home for the

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1. Note whether the following are ways to avoid losses through hedging or insuring: (2 pts) a. Lock in a $979.00 fare home for the holidays. b. Purchase a put option on a stock you do own. C. Agree to purchase a house in one year for a fixed price of $200,000. d. Lease a car with an option to purchase it in three years. Faha

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