Which of the following statements about the hedging with futures is correct?

		The main motivation for hedging is to have stable prices and profits than are possible without hedging.
		Hedging with futures can increase the firm value by lowering the risk of the firm as well as its financial distress costs and possibly raising tax savings from higher debt use.
		Hedging with futures does not provide any direct tangible benefits to the firm or lower the firms financing costs.
		Hedging with futures will lead to a higher stock price.
		All of the above, except c, are true statements.