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If a manufacturer takes a long position in a futures contract and buys the underlying asset in the spot market A. it needs to take
If a manufacturer takes a long position in a futures contract and buys the underlying asset in the spot market
A. it needs to take an offsetting position in the futures market
B. It does not need to do anything because it has already purchased the underlying asset
C. It needs to take an offsetting long position in the futures market
D. It needs to sell the underlying asset
E. It is guaranteed a gain in the futures market
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