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Suppose that oil prices decline by 50%. Which counterparty to a forward contract in oil has an incentive to default on the contract? O A.

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Suppose that oil prices decline by 50%. Which counterparty to a forward contract in oil has an incentive to default on the contract? O A. The hedger of the forward contract since the price they have committed to pay is now above the market price. OB. The buyer of the forward contract since the price they have committed to pay is now below the market price. O C. The hedger of the forward contract since the price they have committed to pay is now below the market price. OD. The buyer of the forward contract since the price they have committed to pay is now above the market price

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