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13. Suppose it is several minutes before expiration of the May corn futures contract. The spot price of corn in Chicago is $6.00/bu. Assume there

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13. Suppose it is several minutes before expiration of the May corn futures contract. The spot price of corn in Chicago is $6.00/bu. Assume there is lots of trading activity and no trader is worried about having a trading partner and that transportation and storage costs are 0. What if the May corn futures price (several minutes before expiration) is $5.00

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