Question
A sunflower farmer estimates, during February 2020, that he will harvest 60,000kgs of sunflower by December 2020. The price on futures contract for December 2020
A sunflower farmer estimates, during February 2020, that he will harvest 60,000kgs of sunflower by December 2020.
The price on futures contract for December 2020 Sunflower is P6.00 per kg.
Sunflower futures contracts are traded in 5000 kg units
Explain the risk that the farmer is exposed to.
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Project Finance In Theory And Practice Designing Structuring And Financing Private And Public Projects
Authors: Stefano Gatti
4th Edition
032398360X, 9780323983600
