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Which of the following players would require a put option in order to hedge their natural position in the market? A farmer who has financed
Which of the following players would require a put option in order to hedge their natural position in the market?
A farmer who has financed his land with a floating rate mortgage
A miller who buys wheat from a farmer
A farmer who sells peanuts to a chocolatier
A farmer who buys corn to feed his livestock
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