Question: Suppose you are a manufacturer of cookies and are concerned about the price of sugar. What could be done to hedge your exposure? Group of

Suppose you are a manufacturer of cookies and are concerned about the price of sugar. What could be done to hedge your exposure?
Group of answer choices
Go Short a Forward or Futures Contract on Sugar given my concern the price of Sugar may go up.
Go Short a Forward or Futures Contract on Sugar given my concern the price of Sugar may go down.
Go Long a Forward or Futures Contract on Sugar given my concern the price of Sugar may go up.
Go Long a Forward or Futures Contract on Sugar given my concern the price of Sugar may go down.

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