You are an airline trying to hedge fuel prices. You decide to hedge with crude oil futures, as you figure that higher oil prices imply higher fuel prices. You need to short crude oil futures to hedge. (True / False)

A U.S. company has a liability of 100,000 Euro to be paid back in one year. To hedge, the company needs to buy Euro futures. (True / False)

For interest rate futures, the cash price received by the trader for the bond delivered is the same as the futures settlement price. (True / False)