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Your boss has asked you to work on a soybean hedge. Your firm plans to buy 4 0 0 , 0 0 0 bushels of

Your boss has asked you to work on a soybean hedge. Your firm plans to buy

400, 000

bushels of soybeans on November

12^{t h} .

You see the following contracts trading on the CME.

\

table

[[

Contract Month,Futures Price

], [

November

,

11.10

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