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6. Grow plc owns sugar cane plantations in the Caribbean. In September 2013 it buys an option to give it the right to purchase refined

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6. Grow plc owns sugar cane plantations in the Caribbean. In September 2013 it buys an option to give it the right to purchase refined sugar at a predetermined price at some time in the future. Which of the following is the LEAST likely explanation for Grow plc s purchase? A Grow plc is concerned that this year s crop will fail. B Grow plc wishes to hedge against price changes on the commodity markets for sugar. C Grow plc s knowledge of the industry leads it to believe that it can make money from speculating. D Grow plc is attempting to drive up the cost of refined sugar

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