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Suppose that today is August 1 . A corporate treasurer plans on buying some long term corporate bonds in mid - November but she believes

Suppose that today is August 1. A corporate treasurer plans on buying some long term corporate bonds in mid-November but she believes rates will likely move unfavorably between now and November. She wants to use futures to hedge her risk between now and November. Describe what contract type and maturity she should use to hedge and should she buy or sell the futures contract?

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