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Today - January 27, 2020, a farmer sells 10 wheat futures contracts to a flour mill at $10 per bushel. Each futures contract size

Today - January 27, 2020, a farmer sells 10 wheat futures contracts to a flour mill at $10 per bushel. Each futures contract size is 5,000 bushels of wheat. On the settlement date which is May 10, 2020, assume that the spot price per bushel will be $9.0 Show the settlement between the farmer and the flour mill through: i. Actual delivery, and ab ii. Cash settlement sig bas e

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