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You buy com futures contracts at $2.55/bushel to hedge a cor purchase. You expect the basis to be 50.20 under. What is your target purchase

You buy com futures contracts at $2.55/bushel to hedge a cor purchase. You expect the basis to be 50.20 under. What is your target purchase price? $1.95/bushel $2.00/bushel $2.15/bushel $2.35/bushel $2.55/bushel

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