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Assume the same buyer as in question 1 and that storage cost for corn between December 1 , 2 0 2 3 and March 1

Assume the same buyer as in question 1 and that storage cost for corn between December 1,2023 and March 1,2024 is $0.15 per bushel What would his net purchase price (cost) for the corn be if:
a. He bought the physical corn on 121?23 in the cash market when the local cash price was $5.18 per bushel?
b. He hedged (long position) the corn on 8/3?23 and then offsets the contract on 0301?24 when local cash price is $5.33 per bushel and the March Corn futures price is $5.23 per bushel?
c. He waited to purchase the corn on 0301?23 when the basis was $0.10 over per bushel and the futures price was $5.18 per bushel?
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