If I am Starbucks, why would I consider buying a July $2024$ coffee futures contract today at $120,$ today's price for the July contract? Select the best answer choice per the below.

A$.$

Because I am interested in locking in a price of $120$ cents per pound for coffee I will need in July of $2024.$ By purchasing the contract today at $120,$ I can sell the contract any time before its expiration date. Any gain or loss on this futures contract trade will be offset by the new July $2024$ contract price for coffee. I am guaranteeing a price of $120$ for the coffee I need in the future. I am eliminating any price risk between now and the time I need the coffee in the future.

B$.$

Because I am interested in locking in a price of $120$ cents per pound for coffee I will need today. By buying the contract today at $120,$ I can sell the contract any time after its expiration date. Any gain or loss on this futures contract trade will not be offset by the new July $2024$ contract price for coffee. I am essentially guaranteeing the price for coffee I need today, not in the future.

C$.$

Because I am most concerned with quality control with respect to my suppliers. I am not too concerned with price risk.

D$.$

Becuase I am most concerned with maintaining the quality of coffee today, as opposed to tomorrow.