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A company uses futures to hedge a firm commitment to buy inventory. Which statement is true concerning the hedge? A.The company takes a short position

A company uses futures to hedge a firm commitment to buy inventory. Which statement istrueconcerning the hedge?

A.The company takes a short position in futures and records changes in their value in OCI.

B.The company takes a long position in futures and records changes in their value in income.

C.The company takes a short position in futures and records changes in their value in income.

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