A firm plans to buy 100,000 barrels of oil in February 2021. It wishes to hedge against a possible decline in oil prices so it buys 100 oil future contracts. Each contract calls for a delivery of 1,000 barrels. The future price is $52 per barrel. a. Suppose, on February 2021, oil prices is $51 per barrel. What is net cash outflow from buying 100,000 barrels and the futures? (5 marks) b. Suppose, on February 2021, oil prices is $52 per barrel. What is net cash outflow from buying 100,000 barrels and the futures? (5 marks) c. Suppose, on February 2021, oil prices is $53 per barrel. What is net cash outflow from buying 100,000 barrels and the futures? (5 marks)