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If the firm must buy silver in the future and thus pay for the metal in the future, management may reduce the risk of loss
If the firm must buy silver in the future and thus pay for the metal in the future, management may reduce the risk of loss from an increase in the price of silver by
Select one:
a.
?refusing to accept delivery if the price rises
b.
?accepting delivery early
c.
?taking a short position and entering a contract to deliver silver
d.
?taking a long position and entering a contract to buy silver
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