46.

A miller who needs wheat to mill to flour uses the futures market to protect a profit by:

A.	a long hedge to take delivery.

B.	a short hedge to deliver.

C.	buying futures to guard against a potential loss.

D.	Both a long hedge to take delivery; and buying futures to guard against a potential loss.

E.	Both a short hedge to deliver; and buying futures to guard against a potential loss.