Freon Mobid haty excess impertory of to million borrels-of WVIt knuge oif and the ciomparry thar esenires in one year. Wit price has b2tS correlation with Nigerian Bonny Light price ahd B8s correlation whth Blnent blend oil price. The anivalized standard deviation of daily prices of Banmy Light is 0.52 and thuit of Wit and Brent are 0.45 and 0.42 respectively. How should Exwan Mobil hedge the exposure There is no tailing of hedpe. Short 49280 million barrel of Bonny Littht. Lone 56.574 million barrel of Brent blend Short 56.574 million barrel of Brent blend Short 49.280 million barrel of Bonny Light none of these. Freon Mobid haty excess impertory of to million borrels-of WVIt knuge oif and the ciomparry thar esenires in one year. Wit price has b2tS correlation with Nigerian Bonny Light price ahd B8s correlation whth Blnent blend oil price. The anivalized standard deviation of daily prices of Banmy Light is 0.52 and thuit of Wit and Brent are 0.45 and 0.42 respectively. How should Exwan Mobil hedge the exposure There is no tailing of hedpe. Short 49280 million barrel of Bonny Littht. Lone 56.574 million barrel of Brent blend Short 56.574 million barrel of Brent blend Short 49.280 million barrel of Bonny Light none of these