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Which type of company would be least likely to benefit from hedging with gold futures or options? a. A company whose revenues vary directly with
Which type of company would be least likely to benefit from hedging with gold futures or options?
a. A company whose revenues vary directly with gold prices but whose costs are fixed
b. A company whose revenues are relatively fixed but whose costs are sensitive to gold prices
c. A company whose revenues and costs both rise by about the same amount when gold prices rise
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