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you expect to deliver 4 0 0 , 0 0 0 pounds of milk to the market in March. today, you hedge your position at
you expect to deliver pounds of milk to the market in March. today, you hedge your position at the closing price as shown in the table. assume that the market price turns out to be at the time you make your delivery in March. how much income did you receive in total from the hedged delivery of your milk? March Open High Low Settle Chg Lifetime High Lifetime Low Open int milk lbs; cents per lb
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