am the head coffee buyer for Starbucks. I need coffee in December of 2023. The December 2023 Coffee Futures Contract is trading at 200 cents per pound today. call my coffoe exporter in Panama. They agree to sell me one lot of coffee at "Doc -3" for delivery in December of 2023. Fast forward to late December 2023 , before the expiration of the December coffee futures contract. The exporter and I see that the December contract is now trading at 300 . We agree to settle/close out our deal based on this new contract price of 300 cents per pound, minus the discount we agreed to. I realize that I should clase out my position (roverse my hedge) with the colfee futures exchange. However, I completey forget to reverse my hedge with the exchange and the December 2023 futures contract expires! What obligations do I have to whom? A. lowe the exporier $112,500 for the coffee they will export to me (sell to me). The Coffee Exchange owes me $75,000 for the 1 lot of coffee that I am now obligatod to deliver to them because f allowed the contract to expire. 8. I we the exporter $111,375 for the collee they will export to me (sell to mo). The Coflee Exchange owes me $75,000 for the 1 lot of coffee that I am now obligated to deliver to them because l allowed the contract to expire. C. L owe the exporter $111,375 for the coffee they will export to me (sell to me). I also owe the Coffee Exchange $75,000 for the 1 lot of coffee I am now obligated to take delivery of from them because l allowed the contract to expire. D. I we the exponter $112,500 for the collee they will export to me (sell to me). I also owe the Coflee Exchange $75,000 for the 1 lot of coffee that I am now oblgated to take delivery of from them because I allowed the contract to expire