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Show explanations. please A long hedger's (that is a hedger who is long the futures contract) position improves when the basis strengthens unexpectedly and worsens

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A long hedger's (that is a hedger who is long the futures contract) position improves when the basis strengthens unexpectedly and worsens when the basis weakens unexpectedly. TRUE OR FALSE? You must provide a short (one or two sentence) explanation for your answer. No explanation means no marks. Start your answer with "The statement is TRUE/FALSE.\" Then go on to answer why

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