8) When answering the questions below, refer to the following table of commodity forward and spot prices. The annual risk free interest rate is 4.0%. Answer questions 8) a) to 8) d) using data from this table Expiration Wheat Corn Soybeans Time Today spot 6 months 12 months 18 months 24 months Cents/Bushel Cents/Bushel Cents/Bushel 540 560 590 625 655 610 600 587 580 570 1320 1350 1480 1370 1265 a) What is the approximate annualized lease rate on the 12-month corn forward contract? b) What is the approximate annualized lease rate on the 18-month soybean forward contract? 8) When answering the questions below, refer to the following table of commodity forward and spot prices. The annual risk free interest rate is 4.0%. Answer questions 8) a) to 8) d) using data from this table Expiration Wheat Corn Soybeans Time Today spot 6 months 12 months 18 months 24 months Cents/Bushel Cents/Bushel Cents/Bushel 540 560 590 625 655 610 600 587 580 570 1320 1350 1480 1370 1265 a) What is the approximate annualized lease rate on the 12-month corn forward contract? b) What is the approximate annualized lease rate on the 18-month soybean forward contract