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Question 13 Not yet Southern Fuel has an inventory of 672,000 gallons of heating oil. The futures contracts on heating oil are based on 42.000

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Question 13 Not yet Southern Fuel has an inventory of 672,000 gallons of heating oil. The futures contracts on heating oil are based on 42.000 gallons. If the firm wishes to fully hedge its inventory, it should take which one of the following positions in heating oil futures contracts? answered Points out of 1 Select one: P Flag question a. Short on 17 b. Short on 16 c. Short on 15 d. Long on 17 e. Long on 15 Clear my choice

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