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Business, 31.12.2020 01:00 elawnnalewis4855

In May, an investor purchased a futures contract to purchase 5,000 bushels of wheat at $4.30 per bushel for December delivery. On settlement date, the spot price of wheat is $4.20 per bushel. For the investor, this A) contract should be left to expire B) represents a successful hedge C) represents a loss of $500 D) represents a loss of $50

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