The spot price of corn is $5.85 per bushel. The opportunity cost of capital for an investor is 0.5% per month. If storage costs of $0

04 per bushel per month are factored in, all else being equal, what is the likely price of a 4-month forward contract?
A) $5.808
B) $5.736
C) $5.968
D) $6.006


A

Business

You might also like to view...

Many times demographic and psychographic information about customers are not available through internal company records. In these situations:

A) the information can be purchased from external marketing research firms B) a company can offer customers an incentive to provide the necessary information C) the database can be appended with interaction and history information D) geocoding can be appended to each customer's record

Business

Of the three fraud factors (situational pressure, ethics, and opportunity), situational pressure is the factor that actually facilitates the act

Indicate whether the statement is true or false

Business

AIDA is a unidirectional method that essentially talks at audiences, not with them

Indicate whether the statement is true or false.

Business

An intercept interview is a popular approach used to capture consumers' attitudes, perceptions, preferences and behavior

Indicate whether the statement is true or false

Business