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SJU Hockey produces 15,000,000 hockey pucks a year and uses 5 ounces of rubber in each puck. From their analysis they determine= 0.90,puck= 0.15 &rubber=
- SJU Hockey produces 15,000,000 hockey pucks a year and uses 5 ounces of rubber in each puck. From their analysis they determine= 0.90,puck= 0.15 &rubber= 0.25. Suppose rubber future contracts are for 160,000 ounces of rubber. How many future contracts should SJU Hockey use to hedge and should they long or short?
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Fundamentals of Futures and Options Markets
Authors: John C. Hull
8th edition
978-1292155036, 1292155035, 132993341, 978-0132993340
