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IQuestions 34 through 4|] are related. 34. c. 35. The annual harvest of feed corn occurs in October but demand is spread evenly throughout the year. Suppose monthly demand for feed corn has been estimated to he \36. With reference to question 34, what will be the prices in May, June, July, August, and September? Month May June July Aug Sept a. $5.05 $5.15 $5.25 $5.35 $5.45 b. $4.98 $5.08 $5.18 $5.28 $5.38 $4.92 $5.02 $5.12 $5.22 $5.32 d. $4.84 $4.94 $5.04 $5.14 $5.24 C. $4.76 $4.86 $4.96 $5.06 $5.16 37. With reference to the previous questions, what will be the quantity demanded for the months of October, November, December, January, February, and March? Month Oct Nov Dec Jan Feb March a. 77.01 76.69 76.37 76.05 75.73 75.41 b. 76.76 76.44 76.12 75.80 75.48 75.16 76.50 76.18 75.86 75.54 75.22 74.90 d. 76.30 75.98 75.66 75.34 75.02 74.70 C. 76.08 75.76 75.44 75.12 74.80 74.48 38. With reference to the previous questions, what will be the quantity demanded for the months of April, May, June, July, August, and September? Month Apr May June July Aug Sept a. 75.09 74.77 74.45 74.13 73.81 73.49 b. 74.84 74.52 74.20 73.88 73.56 73.24 C. 74.58 74.26 73.94 73.62 73.30 72.98 d. 74.38 74.06 73.74 73.42 73.10 72.78 74.16 73.84 73.52 73.20 72.88 72.5639. Assume in the futures market, the July corn contract is trading at $5.15 per bushel and you are a manufacturer that will need 200,000 bushels of corn in July. Based on your analysis above and assuming you are \"risk neutral", to minimize costs, you would: Buy corn in the futures market because in July, when the contract matures and corn is needed, you forecast the market price will be greater than $5.15. Sell corn in the futures market because in July, when the contract matures and corn is needed, you forecast it will trade for less than $5.15. Not buy corn in the futures market because in July, when the contract matures and corn is needed, you forecast the market price will be less than $5.15. Not sell corn in the futures market because in July, when the contract matures and corn is needed, you forecast it will trade for more than $5.15. Answers b. and d. are correct. Assume in the futures market, the July corn contract is trading at $5.15 per bushel and you are a farmer that grows corn and will have corn in storage to sell in July. Based on your analysis above and assuming you are \"risk neutral\