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A hedger who decides o close out his futures position before the maturity date is paying/receiven an effective purchase/selling price equal to a. the future
A hedger who decides o close out his futures position before the maturity date is paying/receiven an effective purchase/selling price equal to
a. the future price on day 0 b. the futures price of the day of closing out c. the futures price onday 0 plus the basis on the day of closing d. the spot price on the day of closing out plus futures price on day 0
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