You will need to buy 300oz of gold in February 2019, but gold futures contracts...
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Accounting
You will need to buy 300oz of gold in February 2019, but gold futures contracts are available for January 2019 and April 2019 only. The contract size is 100 oz. Your best hedging strategy will be to buy
- Three January futures contract
- Two January futures contract and one April futures contract
- One January futures contract and two April futures contract
- Three April futures contract
Why D.?
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