Question: I need help to answer this question. Thank you! Question 3 (25 points) Your company expects to buy a large quantity of copper in 8

 I need help to answer this question. Thank you! Question 3

I need help to answer this question. Thank you!

(25 points) Your company expects to buy a large quantity of copper

Question 3 (25 points) Your company expects to buy a large quantity of copper in 8 months, and you are responsible for hedging the company's exposure to copper price changes. Which trade should you do? O Short 8-month copper futures contracts O Long 9-month copper futures contracts 0 Long 8-month copper futures contracts O Long 7-month copper futures contracts 0 Short 7-month copper futures contracts O Short 9-month copper futures contracts

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