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You plan to buy 195 head of feeder cattle or about 150,000 pounds. How many CME Feeder Cattle futures contracts would you buy to hedge

You plan to buy 195 head of feeder cattle or about 150,000 pounds. How many CME Feeder Cattle futures contracts would you buy to hedge the purchase? 3 contracts 4 contracts 5 contracts 6 contracts 7 contracts

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