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There are two participants in futures markets: speculators and hedgers. Hedging consists of taking opposite positions on an investment at the same time. Compare who

There are two participants in futures markets: speculators and hedgers. Hedging consists of taking opposite positions on an investment at the same time. Compare who the speculators are with respect to futures contracts and who the hedgers are and the role each plays. If you had to choose, which role would you select? Why?

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