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You would like to lock in the selling price on 50,000 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 50,000 bushels of wheat, which you plan to harvest and deliver to the market in September. The September for your futures price quote is currently 899'4. If you write September futures contracts on your wheat, you will be guaranteed a total price of crop. Each contract is quoted in cents and Veths of a cent per bushel with a contract size of 5,000 bushels. Multiple Choice $45.637.50 $541650 00 $449750.00 $297700.50 $2.971.000 25

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