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Minka writes a futures contract for 1,000 bushels of June Wheat. If Minka does not personally want to take possession of the wheat, she can
Minka writes a futures contract for 1,000 bushels of June Wheat. If Minka does not personally want to take possession of the wheat, she can consider the following beneficial action:
1. sell the futures contract
2. pay a release of contract fee
3. default on the future contract
4. she cannot avoid accepting delivery if the wheat
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