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You have been requested by the secretary of agriculture of a Central American country to determine whether cattle produced in that country could be
You have been requested by the secretary of agriculture of a Central American country to determine whether cattle produced in that country could be hedged using the Chicago Mercantile Exchange(CME) live cattle contract. What information would you need to collect to determine whether this is feasible? What suggestions would you propose (to the country, to the CME) to make hedging Central American cattle in the CME cattle contract?
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
