If a gold producer wishes to employ a non-contingent hedge, it should use a(n) (i) contract, while if it wishes to employ a contingent hedge (i.e., to hedge only down-side risk), it should use a(n) (ii) contract.
(i) (ii)
a. forward put option
b. put option forward
c. forward call option
d. call option forward
ANSWER
A
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