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Question 591 - CTFA discussion
I- A gold producers wants to hedge his losses attributable to a fall in the price of gold for his current gold inventory.
II- A cattle farmer wants to hedge his exposure to changes in the price of his livestock These are the examples of __________ who need to manage their exposure to fluctuations in the prices of their commodities.
A.
Hedgers
B.
Producers
C.
Speculators
D.
None of these
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