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(12 marks) Suppose the price of corn in London, Ontario, on May 5, 2020 is C$3.70/bushel and the Chicago July corn futures is US$2.50. On
- (12 marks) Suppose the price of corn in London, Ontario, on May 5, 2020 is C$3.70/bushel and the Chicago July corn futures is US$2.50. On the same day the exchange rate is US$0.667/C$1.00.
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- (6 marks) What is the adjusted corn basis in London on May 5, 2020?
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- (6 marks) What is the unadjusted corn basis in London on May 5, 2020?
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Tidy Finance With R
Authors: Christoph Scheuch, Stefan Voigt, Patrick Weiss
1st Edition
1032389346, 978-1032389349
