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(20 17) For buy hedging, the basis is stronger. (excluding fees and other expenses)
Answer: c

When buying hedging, the basis is relatively strong, and the futures market and the spot market cannot completely break even, so there is a net loss; The basis is weak, the futures market and the spot market can completely break even and have net profit; The basis is unchanged, the profit and loss of the futures market and the spot market are completely offset, and the profit (loss) is zero, achieving complete hedging. Therefore, this question chooses C.