Table $6\mathrm{.}1$

$\backslash$table$[[\backslash$table$[[$Expiration$],[$Time$]],\backslash$table$[[$Wheat$],[$Cents$/$Bushel$]],\backslash$table$[[$Corn$],[$Cents$/$Bushel$]],\backslash$table$[[$Soybeans$],[$Cents$/$Bushel$]]],[$Today $=$spot,$540,610,1320],[6$ months,$560,600,1350],[12$ months,$590,587,1480],[18$ months,$625,580,1370],[24$ months,$655,570,1265]]$

Refer to the table $6\mathrm{.}1.$ What is the approximate annualized lease rate on the $18-$month soybean forward contract?

A$)0\mathrm{.}69\%$

B$)1\mathrm{.}52\%$

C$)2\mathrm{.}69\%$

D$)3\mathrm{.}31\%$

Refer to the table $6\mathrm{.}1.$ If wheat farmers expect a return of $8\mathrm{.}0\%$ on their investment in wheat, what is the approximate implied increase in wheat commodity prices over the next $6$ months?

A$)3\mathrm{.}75\%$

B$)4\mathrm{.}59\%$

C$)5\mathrm{.}26\%$

D$)6\mathrm{.}37\%$

Refer to the table $6\mathrm{.}1.$ The lease rate on the $6-$month soybean contract is $0\mathrm{.}35\%.$ What is the implied annual storage cost if the cost is continuously paid and proportional?

A$)0\mathrm{.}84\%$

B$)1\mathrm{.}62\%$

C$)2\mathrm{.}30\%$

D$)4\mathrm{.}0\%$