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A futures contract trades on a quarterly cycle with expirations in March, June, September, and December. InvestTech is hedging the purchase of the underlying asset

image text in transcribed A futures contract trades on a quarterly cycle with expirations in March, June, September, and December. InvestTech is hedging the purchase of the underlying asset and plans to close the position on May 5th. Which futures contract should it use? September contract May contract March contact June contract December contract

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