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Consider futures market participants who are hedgers. A long hedger faces the risk that the basis __________, while a short hedger faces the risk that
Consider futures market participants who are hedgers. A long hedger faces the risk that the basis __________, while a short hedger faces the risk that the basis __________.
a. Weakens ; strengthens
b. Weakens ; weakens
c. Strengthens ; strengthens
d. does not change ; does not change
e. Strengthens ; weakens
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