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Exxon is worried about uncertainity regarding the price it will be able to charge to sell oil in the future. Exxon wants to lock in
Exxon is worried about uncertainity regarding the price it will be able to charge to sell oil in the future. Exxon wants to lock in tje price without paying any out of pocket cost today. What derivative contract should excon use for this purpose?
A call options
Short furures contract
Put options
Long future contracf
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