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1.The cash price of wheat today is $4.10 per bushel, and the three-month futures price of the same is $4.21 per bushel. The basis is:

1.The cash price of wheat today is $4.10 per bushel, and the three-month futures price of the same is $4.21 per bushel. The basis is:

a.$0.11

b.-$0.11

c.$4.10

d.$4.21

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