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As a wheat producer, you are concerned that wheat prices may fall below their current level of $35/bushel when your crop is ready, six months

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As a wheat producer, you are concerned that wheat prices may fall below their current level of $35/bushel when your crop is ready, six months from today. Therefore, you enter into the appropriate futures contract at the current spot price. What is your profit of loss, if six months later, wheat is selling at the spot market for $42/bushel? $42 $7 $35 O-542 O 5.7

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