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Which one of the following investments would NOT be a hedgefor a corn farmer ? A.Purchase a call on the corn futures B.Purchase a Put

Which one of the following investments would NOT be a hedgefor a corn farmer ?

A.Purchase a call on the corn futures

B.Purchase a Put on Corn futures

C.Purchase a water contract that enables the farmer totake delivery of water in the future

D.Purchase an option on the future price ofgold

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