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You need to buy 500,000 pounds of copper in September 2020, what is your hedging strategy if you are required to hedge 80%? (Each contract

You need to buy 500,000 pounds of copper in September 2020, what is your hedging strategy if you are required to hedge 80%? (Each contract is for 25,000 pounds)

A.Sell 20 September copper futures contracts

B. Buy 20 September copper futures contracts

C. Sell 16 October copper futures contracts

D. Buy 16 October copper futures contracts

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