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On (2)/(22)/24 , you sign a cash (fixed) contract. The futures price (2)/(22)/24 for December 2024 corn was $4.85 and the cash price for fall

On

(2)/(22)/24

, you sign a cash (fixed) contract. The futures price

(2)/(22)/24

for December 2024 corn was

$4.85

and the cash price for fall harvest was

$5.00

.\ 3. On

(10)/(25)/24

, you deliver your corn and the futures price is

$5.50

and cash price is

$5.60

. What net price you do get since you had a fixed contract?\ A

image text in transcribed
On 2/22/24, you sign a cash (fixed) contract. The futures price 2/22/24 for December 2024 corn was $4.85 and the cash price for fall harvest was $5.00. 3. On 10/25/24, you deliver your corn and the futures price is $5.50 and cash price is $5.60. What net price you do get since you had a fixed contract? A

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