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A transaction in which an investor holds a position in the spot market and sells a derivatives contract is: 1. A transaction in which an

A transaction in which an investor holds a position in the spot market and sells a derivatives contract is:

1. A transaction in which an investor holds a position in the spot market and sells a derivatives contract is: I a. b. c. d. a gamble a speculative position a risk-free transaction a hedge none of the above c

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