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Calculate the margin on this short-the-basis transaction: . - Make a sale of soybeans in May for immediate delivery at +20 JUL. a Deliver soybeans
Calculate the margin on this short-the-basis transaction: . - Make a sale of soybeans in May for immediate delivery at +20 JUL. a Deliver soybeans during May from your inventory that farmers have yet to price but which you have title to under the terms of a Deferred Price Contract. Pay 10 freight for delivery. Receive payment for the soybeans. Spread JULIAUG at .05 carry. Price soybeans farmers have on Deferred Price Contract at +5 AUG during July and pay them for the beans. Earn 10 interest (total) on the money you held for the two months. Enter answer as a whole number with NO decimal (example: 50) Calculate the margin on this short-the-basis transaction: . - Make a sale of soybeans in May for immediate delivery at +20 JUL. a Deliver soybeans during May from your inventory that farmers have yet to price but which you have title to under the terms of a Deferred Price Contract. Pay 10 freight for delivery. Receive payment for the soybeans. Spread JULIAUG at .05 carry. Price soybeans farmers have on Deferred Price Contract at +5 AUG during July and pay them for the beans. Earn 10 interest (total) on the money you held for the two months. Enter answer as a whole number with NO decimal (example: 50)
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