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In recent times, we have observed a hike in world oil prices, followed by a decline. As an oil producer, you will be worried when
In recent times, we have observed a hike in world oil prices, followed by a decline. As an oil producer, you will be worried when you now see a slump in oil prices because your revenues may be hit badly. What would you, as a firm in such a situation? Explain why you may not be able to create perfect hedge against this situation?
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