5. In August 2020, you entered 100 long forward contracts for June 2021 oil. You then tried...
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Question:
5. In August 2020, you entered 100 long forward contracts for June 2021 oil. You then tried to close out the position by entering 100 short futures contracts for June 2021 oil. Discuss two different concerns that remain even though you "closed out" the position.(6 points)
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