Multiple Choice
A soybean farmer plants his crop today but he doesn't harvest it until next year when the soybean price could be quite different from today's spot price. To avoid the price risk, the farmer can:
A) sell in the futures market.
B) buy in the futures market.
C) sell in the spot market.
D) buy in the spot market.
Correct Answer:
Verified
Correct Answer:
Verified
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