A farmer with canola in the fields wants... A farmer with canola in the fields wants to lock in the price of canola to protect a profit. How can he do this? O By selling futures to guard against a potential loss O By purchasing futures O By taking delivery through a long hedge By seeking intervention with government regulators By entering a financial swap agreement What is a swap? What is a swap? O A contract that fixes a future price O A contract used by firms to limit their downside risk O An exchange of one series of future payments for another The term for the daily settlement of a futures contract O A right to buy shares for a certain price in the future, A firm that has issued floating rate... A firm that has issued floating rate bonds but would like to lock in interest expenses can use: O an interest rate swap. O a currency swap O options futures contracts O forward contracts