Business, 27.05.2020 20:01 jazlynreyes

You are a baker and need to purchase a substantial amount of wheat flour three months from now in preparation for your busy season. Your concern is that the price of wheat will increase substantially before you make your purchase. Which one of the following positions in wheat would be an effective hedge for you? Select one: a. None of these b. Short position in spot market c. Long position in futures market d. Long position in spot market e. Short position in futures market

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