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Question 3 Homework. Unanswered The buyer of a forward contract on pork belly benefits if the price of pork belly _ while the seller of
Question 3 Homework. Unanswered The buyer of a forward contract on pork belly benefits if the price of pork belly _ while the seller of the contract benefits if the price of pork belly - Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a decreases; remains constant b decreases; decreases decreases; increases d increases; decreases e remains constant; increases Question 4 Homework. Unanswered Monique grows and exports cocoa. Her crop was partially ruined in a storm, so she needs to purchase 20 tons of cocoa in three months to meet prior contractual obligations. Monique wants to hedge against price changes. Each futures contract is for 10 metric tons. The current quote for the contract is 1,447 per ton. Monique should _2 futures contracts with a total contract value of: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. Buy; $28,940. b Buy; $289,400. Sell; $28,940. d Sell; $289,400. e Buy; $14,470
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