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38) A miller who needs wheat to mill into flour most likely uses the futures market for taking a: A) seller's position in wheat. B)
38) A miller who needs wheat to mill into flour most likely uses the futures market for taking a:
A) seller's position in wheat.
B) speculator's position in wheat. .
C) long hedge position to lock in production costs.
D) long hedge position to lock in a sales price for flour.
E) short hedge position to lock in delivery.
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