Question: Please submit your Refinery Hedge here. You mat use an Excel or Word document. Use both Futures then Options to illustrate how to manage the

Please submit your Refinery Hedge here. You mat use an Excel or Word document. Use both Futures then Options to illustrate how to manage the price risk associated with a refinery that process 5 million bbl's daily. Be sure to include the number of contracts or each hedge, the capital requirements, dates and actions.

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