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A large jewelry manufacturer wishing will need to buy gold in 4 months, and wishes to hedge the future price of gold. The manufacturer should

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A large jewelry manufacturer wishing will need to buy gold in 4 months, and wishes to hedge the future price of gold. The manufacturer should choose which of the following? Enter into a long position in a futures contract calling for the delivery of gold a. Enter into a short position in a futures contract calling for the delivery of gold

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