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hel B.) Now, a corn buyer wants to use a hedge to protect against price risk. At the time, the December 2023 corn futures price
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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 harvest time basis of $0.30 per bushel. C.) What is her expected cost? D.) If the Dec. 2023 corn futures rise to $5.00, what is her expected net cost? E.) If the Dec. 2023 corn futures fall to $3.00, but the harvest time basis improves to $0.20, what is her expected net cost Step by Step Solution
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