For part of the year, your cousins business operates a fleet of snowplows headquartered in...
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Finance
For part of the year, your cousins business operates a fleet of snowplows headquartered in Boston. At the start of the snow season, the business receives from each residential or commercial customer a fixed up front fee, in exchange for 100% full snowplowing service for the entire winter season. Explain how and why your cousins business should consider using snowfall futures contracts.
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