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Assume that your company produces oil and asks you how it can lock in the price it receives for a barrel of oil 3 months

Assume that your company produces oil and asks you how it can lock in the price it receives for a barrel of oil 3 months from now in order to decrease price risk.You might suggest taking a __________ position in a futures contract.

A. holding period

B. time to expiration

C. short

D. long

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