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It is now March 1st. MacDonald's needs to buy 50,000 kg of live cattle on July 1st, and wants to use September futures to hedge
It is now March 1st. MacDonald's needs to buy 50,000 kg of live cattle on July 1st, and wants to use September futures to hedge its risk. The current spot price is 245 cents per kg and September futur...
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Fundamentals of Futures and Options Markets
Authors: John C. Hull
8th edition
978-1292155036, 1292155035, 132993341, 978-0132993340
