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papahomer papahomer
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7 years ago
Swenson Oil & Gas allows its customers to prepurchase heating oil in June for the coming winter. Swenson's customers who take advantage of the offer
A) are speculating that fuel prices will be higher in the future.
B) have purchased a form of call option for heating fuel.
C) are entering into a futures contract to offset the risk of higher fuel prices during the winter.
D) are purchasing a form of insurance against fuel shortages.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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LutionalLutional
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7 years ago
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