Miss Jones is a wheat farmer, and she is expecting to produce 5000 bushels in 3 months, i.e:, July. She would like to hedge the price of wheat using futures (future contracts). The current wheat futures contract price is R4.50 per bushel. Required: a) State whether Miss Jones should buy or sell futures to hedge the price of her wheat. b) Assuming the following three spot prices per bushel in July: R3, R4.50, and R6. Determine Miss Jones the profit/loss