If Station 0+00 Has an Elevation of -125

question 8

Short Answer

If station 0+00 has an elevation of -125.00 feet, fore sight for station 0+75 when the grade is 0.05'/ft. and the instrument height is -127'

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Definitions:

Basis

The difference between the spot price of an asset and the futures price of the same asset.

Long Hedger

An investor who purchases futures contracts or the underlying asset to protect against potential price increases.

Short Hedger

An investor who enters into contracts to protect against potential losses from declining prices in the assets they hold.

Decrease

A reduction in quantity, size, or intensity of a particular activity, value, or level.