# Going long

c. what is her expected cost?

d.if her Dec. 2023 corn future rise to $5.00, what is her expected net cost?

e. if Dec.2023 corn futures fall to $3.00, but the harvest time basis improver to -$0.20, what is her expected net cost?

A.) A speculator wants to go long in the market. At the time, the December 2023 com future price is $3.80. B.) Now, a corn buyer wants to use a hedge to protect against price risk At the time, the December 2023 corn futures price is $3.80. She expects a haryest time basis of $0.30 per bushel. Please graph the relevant cash price, futures return, and net price lines. A.) A speculator wants to go long in the market. At the time, the December 2023 com future price is $3.80. B.) Now, a corn buyer wants to use a hedge to protect against price risk At the time, the December 2023 corn futures price is $3.80. She expects a haryest time basis of $0.30 per bushel. Please graph the relevant cash price, futures return, and net price lines