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Suppose you buy a share in WLtd for $50. You then also hedge the position by selling the futures contract at $53. What is your
Suppose you buy a share in WLtd for $50. You then also hedge the position by selling the futures contract at $53. What is your profit at expiration if the stock price goes to $49?
$3
impossible to determine
$4
-$1
-$4
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