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Reason(s) to manage risk by hedging include(s) which of the following? I. To be able to have needed cash flows II. To reduce the chance

Reason(s) to manage risk by hedging include(s) which of the following?

I. To be able to have needed cash flows

II. To reduce the chance of financial loss

a. Only statement I is correct

b. Neither statement I nor II is correct

c. Both statements I and II are correct

d. Only statement II is correct

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