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I operate a large-scale candy company that uses cocoa as its primary ingredient in its products. Cocoa futures are available to hedge price risk. I'm
I operate a large-scale candy company that uses cocoa as its primary ingredient in its products. Cocoa futures are available to hedge price risk. I'm worried about the price of cocoa. Which of the following positions and contracts can I enter to hedge my risk? Select all that apply.
long call option
long put option
short forward
long forward
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