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Which of the following best describes stack and roll? A. Creates long-term hedges from short term futures contracts B. Can avoid losses on futures contracts

Which of the following best describes stack and roll?

A. Creates long-term hedges from short term futures contracts

B. Can avoid losses on futures contracts by entering into further futures contracts

C. Involves buying a futures contract with one maturity and selling a futures contract with a different maturity

D. Involves two different exposures simultaneously

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