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Question
Sugar is currently selling for $0.201 a pound while the 6-month futures price is $0.208. You take a long position in the 6-month sugar futures. Which one of the following prices would cause you the greatest loss if that price turns out to be the actual price of sugar per pound 6 months from now?A. $0.198
B. $0.201
C. $0.205
D. $0.208
E. $0.211
Answer
This answer is hidden. It contains 16 characters.
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