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SOU NOVA JOM 3.7 An article in the Wall Street Journal noted: "U.S. oil producers...

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SOU NOVA JOM 3.7 An article in the Wall Street Journal noted: "U.S. oil producers .. are using hedges to lock in prices." a. Would oil producers be worried about prices rising or falling? Briefly explain b. How do oil producers use hedges to lock in prices

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