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In February a U.S. company used September soybean futures to hedge its planned sale of onions on August 1. On August 1 the company closed

In February a U.S. company used September soybean futures to hedge its planned sale of onions on August 1. On August 1 the company closed its position. All prices and other characteristics are given below After taking into account the cost of hedging, what is the effective price of each pound of onions? d) Why the company could not use onion futures

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