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3. (Minimum-variance Hedging) A farmer has a crop of grapefruit juice that will be ready for harvest and sale as 150000 pounds of grapefruit juice
3. (Minimum-variance Hedging) A farmer has a crop of grapefruit juice that will be ready for harvest and sale as 150000 pounds of grapefruit juice in 3 months. He is worried about possible price chang...
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