You Expect to Deliver 50,000 Bushels of Wheat to the Market

question 56

Multiple Choice

You expect to deliver 50,000 bushels of wheat to the market in July. Assume you hedged your position by selling futures contracts on half of your expected delivery at a price of 443.25. The futures contracts are based on 5,000 bushels and are priced in cents per bushel. Assume the market price turns out to be 445.75 when you actually deliver the wheat. How much more or less would you have earned if you had not bought the futures contracts?

• A) $1,250 less
• B) $625 less
• C) $0
• D) $625 more
• E) $1,250 more

Identify different parenting styles and their impact on adolescent psychosocial development.

Understand the impact of technology, including genetically modified seeds, on agricultural productivity and environmental sustainability.

Recognize the role of political movements, including the anti-nuclear movement, in shaping corporate and government policies.

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Definitions:

Audience Fragmentation

The division of audiences into smaller groups due to the wide variety of media outlets and platforms.

Privacy Concerns

The apprehension individuals have about the safety and confidentiality of their personal information collected by organizations or websites.

Internet Growth

The exponential increase in internet usage, online services, and digital connectivity that has transformed global communication, commerce, and access to information.

Game Plan

A strategic plan or set of tactics designed to achieve a specific goal or overcome a challenge.