Question
using a futures contract as a hedge means that: a) you believe the price of the underlying asset will increase b) you are seeking to
using a futures contract as a "hedge" means that:
a) you believe the price of the underlying asset will increase
b) you are seeking to control your costs, rather than make money
c) you have a use for the item you have contracted for and likely intend to take delivery
d) b) and c)
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
13th Edition
1337395080, 9781337395083
