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In six months, a cereal company plans to sell 2 0 , 0 0 0 boxes of Wheat Crisps for $ 3 . 0 0
In six months, a cereal company plans to sell boxes of "Wheat Crisps" for $ per box and will need to buy bushels of wheat to do so In doing so it also incurs nonwheat costs of $ The current spot price of wheat is $ per bushel, and the sixmonth forward price is $ The company will hedge by buying wheat forward. What total profit would be earned if the market price of wheat in six months is $ $$ and $ respectively?
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Correct Answer Is $;$;$;$
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Please show all calculations correct answer shown in photo.
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