D Question 47 2 pts You can net out a long position in a futures contract by Buying contract insurance from the General O Entering into a short position on the same contract You can't O None of the above Question 48 2 pts The U.S. agrees to sell the Russia double the amount of wheat as last year, causing futures prices to rise. What is the financial position of a speculator who is short wheat compared to if he had not entered into the contract? O Made a profit O Incurred a loss O Neither O Moved to Russia