You Expect to Deliver 250,000 Bushels of Corn to the Market

question 143

Multiple Choice

You expect to deliver 250,000 bushels of corn to the market in July. Today, you hedge your position at the closing price as shown in the table. Assume that the market price turns out to be 248.7 at the time you make your delivery in July. How much income will you receive in total from the hedged delivery of your corn?

Corn - 5,000 bu.; cents per bu.

• A) $621,750
• B) $624,500
• C) $629,250
• D) $630,250
• E) $631,000

Understand the concept of altruism and its implications in human behavior.

Comprehend the genetic influences on intelligence, personality traits, and behaviors.

Recognize the role of genetic and environmental factors in shaping individual differences.

Grasp the fundamentals of genetic heritability and its application to various traits.

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Definitions:

Conscientiousness

A personality trait characterized by organization, dependability, discipline, and a high level of thoughtfulness about others and striving for achievement.

Big Five

A model in psychology, describing personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Difficult Job

A position that requires a high level of skill, effort, or complexity, making it challenging to perform.

Openness

A personality trait signifying receptiveness to new experiences, ideas, and unconventional values.