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Four investors enter into long oil contracts. Three are speculators and one is hedging. Which of the following is hedging? A. Farmer B. Cereal company

Four investors enter into long oil contracts. Three are speculators and one is hedging. Which of the following is hedging?

A.

Farmer

B.

Cereal company

C.

Mutual fund

D.

Airline company

E.

None of these answers

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