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The Bank of Scotland has decided to use a futures contract on Eurodollar CDs to protect the bank's position in U.S. Treasury notes.This action taken

The Bank of Scotland has decided to use a futures contract on Eurodollar CDs to protect the bank's position in U.S. Treasury notes.This action taken by the Bank of Scotland is known as

a short hedge.

a long hedge.

basis trading.

a cross-hedge.

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