Farmer Carter will harvest 280,000 bushels of corn in 4 months. The current spot rate is $4 a bushel. Forward rate on a 5-month Future contract (55000 bushels) is $4.5 a bushel. In 4 months, the spot rate is $3.2 a bushel and the forward rate of the Future contract is $38.0 a bushel. What is the opportunity loss

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Answer To calculate the opportunity loss we need to compare the revenue Farmer Carter would have ear... View the full answer