Question
A new ethanol plant will soon be built just a few miles from your farm. What is the expected impact on your local basis? Group
A new ethanol plant will soon be built just a few miles from your farm. What is the expected impact on your local basis?
Group of answer choices
a) the corn basis (and cash prices) will increase
b) the corn basis (and cash prices) will decrease
c) this should have no impact on the basis
d) this will affect the basis, but in an uncertain way
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
