financial

Which of the following is the best strategy for a chemical company using oil as an input to hedge against its commodity price risk? Buy oil forward contracts Buy put options on oil Sell oil futures contracts. Write call options on oil Question 10 (1 point) ABC Corp. plans to expand its production capacity by 40% with a $15 million investment in plants and equipment. The firm wants to maintain a 45% debt-to-asset ratio (Debt is 45% ) and its dividend policy of distributing 40% of the previous year's net income at the beginning of each year. In 2022 , net income was $8 million. How much external equity must ABC seek at the beginning of 2023 , assuming that the firm uses only debt and common equity in its capital structure? $3.45 million $0 $7.00 million \$8.25 million