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It is August, and you intend to have 3 0 , 0 0 0 bushels of wheat harvested and ready to sell in November. The
It is August, and you intend to have bushels of wheat harvested and ready to sell in November. The current spot market price of wheat is $ per bushel, and the current December futures price of wheat is $ per bushel.
If each wheat futures contract is for bushels, how many contracts will you buy or sell?
You will contracts. Enter your response as an integer.
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