Question: Question 30 (1 point) A home builder asked for your financial advice on the best method of hedging the price of lumber. He needs to

 Question 30 (1 point) A home builder asked for your financial

Question 30 (1 point) A home builder asked for your financial advice on the best method of hedging the price of lumber. He needs to purchase substantial amounts of lumber every year and wants to assure he is not surprised by volatile price of lumber. What advice will you give him? 1) sell lumber futures 2) buy lumber futures 3) not enough information to determine

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