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25. The Chicago futures price for the nearby corn contract is $6.00/bu, the basis between PA and Chicago is $0.50. What is the spot price

25. The Chicago futures price for the nearby corn contract is $6.00/bu, the basis between PA and Chicago is $0.50. What is the spot price in PA? a. $6.50 b.$6.00 c. $0.50 d.$5.50 image text in transcribed

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