Which of the following statements is correct? (More than one answer is possible.) Options: 1)...

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Finance

Which of the following statements is correct? (More than one answer is possible.)

Options:

1) A speculator owns or plans to buy the underlying asset, a hedger does not.

2) A hedger owns or planes to buy the underlying asset, a speculator does not.

3) An airline buying long oil futures is an example of hedging.

4) A politician buying cattle futures is an example of speculation.

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