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Today you bought a 1 month June delivery silver futures contract at 27.85 per oz. The spot price of silver today is 26.89. If both

Today you bought a 1 month June delivery silver futures contract at 27.85 per oz. The spot price of silver today is 26.89. If both the futures and spot increase by 3% by June delivery, the best strategy to acquire silver is to :

a. Excercise the Jun futures contract and ignore spot

b. exercise the jun futures contract and purchase at spot

c. sell the june futures contract and purchase at spot

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