Hedging and Long-Term Supply Contracts. Consider a breakfast cereal company that will make and sell $30.000.000 of cereal next year. It's only cost is that it must buy 200,000 bushels of wheat to make that cereal. The market price per bushel of wheat next year, P, is unknown, the company faces the risk that wheat prices will be high. (Wheat cannot be stored, so you can't buy the wheat this year and store it to use next year.) a. No risk management. Assume the company does nothing to manage wheat price risk. Please write down the company's profit next year as a function of the price of a bushel of wheat (P). (profit = $6,000,000 - 300 times P is an example of a wrong answer written in the right way)