Which of the following statements are true with respect to hedging? Select one: a. A perfectly hedged firm cannot profit from an unexpected increase in the price of what it sells b. A bakery wanting to hedge against an unexpected increase in the price of wheat (wheat is a major input) would want to short a futures contract in wheat c. A wheat farmer can use a futures contract to hedge against price risk but it does not hedge the risk of a crop failure d. A) and c) above are true e. All of the above are true