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I need help on the breakeven basis. PLEASE HELP Today's basis: Expected normal basis on July 1: Harvest October 1: Storage cost: $-0.60 $-0.11 Lift
I need help on the breakeven basis. PLEASE HELP
Today's basis: Expected normal basis on July 1: Harvest October 1: Storage cost: $-0.60 $-0.11 Lift hedge by July 11 $0.04 per month Actual Actual Breakeven Basis Breakeven Basis Basis Diff. Basis Diff. Month Oct 1 -0.60 -0.34 Nov 1 -0.58 -0.22 Month Mar 1 Apr 1 May 1 Jun 1 Jul 1 Dec 1 -0.52 Jan 1 -0.45 -0.40 -0.18 -0.12 -0.11 Feb 1 Today's basis: Expected normal basis on July 1: Harvest October 1: Storage cost: $-0.60 $-0.11 Lift hedge by July 11 $0.04 per month Actual Actual Breakeven Basis Breakeven Basis Basis Diff. Basis Diff. Month Oct 1 -0.60 -0.34 Nov 1 -0.58 -0.22 Month Mar 1 Apr 1 May 1 Jun 1 Jul 1 Dec 1 -0.52 Jan 1 -0.45 -0.40 -0.18 -0.12 -0.11 Feb 1Step by Step Solution
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Financial Accounting
Authors: David Spiceland
6th Edition
1260786528, 9781260786521
