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Suppose you are interested in taking a safari to Kenya next summer but are worried about the price of the trip, which has ranged from
Suppose you are interested in taking a safari to Kenya next summer but are worried about the price of the trip, which has ranged from $2500 to $3500 over the past five years. The current price of the trip is $3000, suppose you wanted to maintain the possibility of a lower price. - How could you eliminate the risk of rising prices but still maintain the possible gain from lower prices? - How might you pay for this plan? Suppose you are interested in taking a safari to Kenya next summer but are worried about the price of the trip, which has ranged from $2500 to $3500 over the past five years. The current price of the trip is $3000, suppose you wanted to maintain the possibility of a lower price. - How could you eliminate the risk of rising prices but still maintain the possible gain from lower prices? - How might you pay for this plan
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