I will upvote right away if answered correctly.

Which one of the following actions will offset a long position in a futures contract that expires in June? Sell any futures contract, regardless of its expiration date. Buy any futures contract, regardless of its expiration date. Sell a futures contract that expires in June. Hold the futures contract until it expires. Buy a futures contract that expires in June. Question 4 3 pts Using futures contracts to transfer price risk is called: arbitrage diversifying hedging speculating