It is now February 2022. A company anticipates that it will purchase 1 million pounds of copper in each of June 2022, December 2022, June 2023, and December 2023. The company has decided to use the futures contracts traded by the CME Group to hedge its risk. Contracts with maturity in July 2022, January 2023, July 2023, and January 2024 are available. One contract is for the delivery of 25,000 pounds of copper. The initial margin is $2,700 per contract and the maintenance margin is $2,025 per contract. The company's policy is to hedge 80% of its exposure. Contracts with maturities up to 13 months into the future are considered to have sufficient liquidity to meet the company's needs. Required:
Devise a hedging strategy for the company. That is, specify the company's futures trades for hedging.

What is the difference between a public and a private corporation?

Drag each label to the correct location on the image determine which actions by a manager are critical interactions - listening to complaints - interacting with customers - responding to complaints - assigning staff duties -taking action to address customer grievances -keeping track of reservations

Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?