Question: One difference between a hedger and a speculator is that the hedger a. may have either a profit or a loss. b. may not close
One difference between a hedger and a speculator is that the hedger
a. may have either a profit or a loss.
b. may not close out his position by taking an opposite position.
c. does not have to put up margin.
d. faces a risk without the futures contract
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