Question: Problem 3 . 1 0 Explain why a short hedger's position improves when the basis strengthens unexpectedly and worsens when the basis weakens unexpectedly.

Problem 3.10
Explain why a short hedger's position improves when the basis strengthens unexpectedly and worsens when the basis weakens unexpectedly.
 Problem 3.10 Explain why a short hedger's position improves when the

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