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Please SHOW YOUR WORK 3 . Basis risk: A short hedge for a corn grower. The expected basis is $ - 0 . 3 0

Please SHOW YOUR WORK
3. Basis risk: A short hedge for a corn grower. The expected basis is $-0.30. And the actual basis is $-0.40.
\table[[Date,Cash,,Futures,],[1-Oct,Cost of Production,$6.00,May Futures,$6.40
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