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Which of the following statements is correct? A . A wheat producer could hedge the price risk by selling a futures contract for the wheat

Which of the following statements is correct?

.

A wheat producer could hedge the price risk by selling a futures contract for the wheat

.

Hedging is the process of taking a position that is opposite of one's position in the asset in the cash market

.

A flour mill could hedge against price risk by buying a futures contract for wheat

.

All the above statements are correct

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