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You would like to lock in the selling price on 60,000 bushels of wheat, which you plan to harvest and deliver to the market in

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You would like to lock in the selling price on 60,000 bushels of wheat, which you plan to harvest and deliver to the market in September. The September futures price quote is currently $9.0275 If you write September futures contracts on your wheat, you will be guaranteed a total price of for your crop. Each contract size of 5,000 bushels O 1.$541,560.00 2. $451,650.00 O 3. $45,637.50 4. $541.650.00

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