Question 16 Assume there are two ways to hedge an exposure in two years' time, either hedge

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Question 16 Assume there are two ways to hedge an exposure in two years' time, either hedge by rolling two one-year future contract forward, or hedge using a two-and-half-year future contract, and clo...

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Question 16 Assume there are two ways to hedge an exposure in two years' time, either hedge

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