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3.What kind of hedging strategy should Kirk recommend for minimizing Pre-Feh's exposure to Vlalitj' in copper prices? Design a suitable hedge and Sl'lCIW what would

3.What kind of hedging strategy should Kirk recommend for minimizing Pre-Feh's exposure to Vlalitj' in copper prices? Design a suitable hedge and Sl'lCIW what would he the result if copper prices went to 315 cents per lh. at the end of three months 1when the company would he ordering The hioh-orede rnnner

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