When storing wheat there is spoilage, i.e. the amount of usable wheat shrinks over time. Assume that wheat spoils continuously at rate of 5% per month. Also, assume that wheat storage carries fixed (upfront) costs of $0.37 per bushel, irrespective of how long you store it. Youre given that todays price of wheat is $17 per bushel, interest rate is 7% annualized, continuously compounded, and the wheat forward price for delivery in 2 months is F = 20. Describe an arbitrage strategy to take advantage of this mispricing and find the correct forward price consistent with no-arbitrage.