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This attempt took 109 minutes. Incorrect Question 1 0/5 pts WIDGETCO produces widgets. Each widget generates $460 in revenue and requires one ounce of gold

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This attempt took 109 minutes. Incorrect Question 1 0/5 pts WIDGETCO produces widgets. Each widget generates $460 in revenue and requires one ounce of gold as an input. WIDGETCO plans to produce and sell one widget in exactly one year. The c.c. risk-free rate is zero percent. WIDGETCO is considering hedging their gold exposure with a long forward contract. The one-year forward price of gold is $420 per ounce. If the spot price of gold is $450 per ounce in one year, what is WIDGETCO's hedged profit? 30 Incorrect Question 2 0/5 pts WIDGETCO produces widgets. Each widget generates $460 in revenue and requires one ounce of gold as an input. WIDGETCO plans to produce and sell one widget in exactly one year. The c.c. risk-free rate is zero percent WIDGETCO is considering hedging their gold exposure with a call option. The premium on a one-year call option on gold with a strike of $420 per ounce is $8.77. If the price of gold is $450 per ounce in one year, what is WIDGETCO's hedged profit

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