Suppose a dealer is receiving the floating rate and paying the fixed rate in a 2-year commodity swap. The dealer could best hedge this position by taking

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a. short positions in the 1-year and 2-year forward contracts on this commodity.
	b. a short position in the 1-year forward contract, and a long position in the 2-year forward contract.
	c. a short position in the 2-year forward contract only.
	d. long positions in the 1-year and 2-year forward contracts on this commodity.
	e. a long position in the 1-year forward contract, and a short position in the 2-year forward contract.