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GD decides to hedge the market risk with NYMEX gasoline futures each covering 42,000 gallons, using h = 1. 2.1 Is the contract between GD

GD decides to hedge the market risk with NYMEX gasoline futures each covering 42,000 gallons, using h = 1. 2.1 Is the contract between GD and the gas stations a forwards or a futuresBased on your answer to 2.1 is there a need to hedge or not? Explain.

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