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Suppose Qantas could come close to locking-in the US$ cost of its future aviation fuel needs by hedging using NYMEX futures. What additional futures trades
Suppose Qantas could come close to locking-in the US$ cost of its future aviation fuel needs by hedging using NYMEX futures. What additional futures trades would Qantas have to make in order to lock-in the Australian$ cost of acquiring its 2003 aviation fuel needs. A numerical answer to this part is not required.
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