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#4 Cardinal Farming is expected to have 400,000 bushels of corn in 1 month. Corn sells for $8 a bushel today. The forward rate on a 2-month future (5000 bushels) is $7.9. In 1 month, the spot rate is $7.7. In 1 month, the forward rate on the future is $7.75. Cardinal farming is afraid that will happen to the price. (number) of contracts. Cardinal farming should (buy/sell) Cardinal farming will have an opportunity of $ of on their futures. Cardinal farming will have a Cardinal farming will receive a total of $ #4 Cardinal Farming is expected to have 400,000 bushels of corn in 1 month. Corn sells for $8 a bushel today. The forward rate on a 2-month future (5000 bushels) is $7.9. In 1 month, the spot rate is $7.7. In 1 month, the forward rate on the future is $7.75. Cardinal farming is afraid that will happen to the price. (number) of contracts. Cardinal farming should (buy/sell) Cardinal farming will have an opportunity of $ of on their futures. Cardinal farming will have a Cardinal farming will receive a total of $