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Which of the following describes a perfect hedge? (Select all that apply) Select one or more: a. Its a financial transaction that offsets all risks

Which of the following describes a perfect hedge? (Select all that apply)

Select one or more:

a. Its a financial transaction that offsets all risks in a contract

b. It doesn't exist in reality.

c. The loss in one asset will be completely offset by the gain in the other asset.

d. Correlation Coefficient is +1

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