What is the difference between hedging and speculating

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1. What is the difference between the short position and the long position in a futures market?

2. Give an example of how someone might hedge using a commodity futures and give an example of how someone might hedge using a financial futures.

3. What is the difference between hedging and speculating? Give an example of speculating using commodity futures and speculating using financial futures.

Reference no: EM131305288

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