39 You bought corn futures at $2.60/bushel and sold them back at $2.50. You bought corn in the cash market at $2.25. What is the total price you paid (effective buying price) for the corn? 42 45 $2.25/bushel $2.35/bushel $2.50/bushel $2.60/bushel None of the above 48 51 -- Question 50 (2 points) You sold Live Cattle futures at $65/cwt and bought them back at $62/cwt. Then you sold your cattle in the cash market at $61.00. What was the total price you received effective selling price) for the cattle? 54 $61.00/cwt $62.00/cwt $63.00/cwt $64.00/cwt $65.00/cwt