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Demand for Canadian canola soared in the winter of 2021. Richardson Oilseed, a manufacturer of canola-based oils, will need to buy canola in July 2021,

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Demand for Canadian canola soared in the winter of 2021. Richardson Oilseed, a manufacturer of canola-based oils, will need to buy canola in July 2021, and wants to hedge against the unfavourable price changes. Which of the following hedging strategies would you suggest to Richardson Oilseed as a hedging strategy? (Pick one) Short (sell) canola futures. Write/ sell call options on canola. Buy put options on canola. Buy (long) canola futures

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