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2. Which of the following qualifies as a hedging instrument? (You may select more than one answer. Single click the box with the question mark
2. Which of the following qualifies as a hedging instrument? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) a. An electricity futures contract purchased by Alliant Energy, an electrical power company. b. A crop insurance contract purchased by Farmers' Cooperative that pays the co-op for crop losses from drought or flood. c. An option to buy shares of common stock in Ford Motor Company. d. An option to sell shares of common stock in General Motors. ? e. A four-year lease for office space in downtown Toronto
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