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Explain the difference between a long hedge and a short hedge used by financial institutions. When is a long hedge more appropriate than a short hedge?

A long hedge represents a $-$Select$-$salepurchaseItem $1$ of financial futures and is appropriate when assets are $-$Select$-$lessmoreItem $2$ rate$-$sensitive than liabilities. A short hedge represents a $-$Select$-$salepurchaseItem $3$ of financial futures and is appropriate when assets are $-$Select$-$lessmoreItem $4$ rate$-$sensitive than liabilities.