A power producing company wants to purchase a natural gas futures contract. It will use the natural gas to generate electricity. The company’s underlying position in natural gas is ____, so its futures position should be _______

a) long, short;

b) long, long;

c) short, long;

d) short, short

Answer rating: 100% (QA)

1If a power producing company plans to use the natural gas to ge... View the full answer