Table 61 -Refer to the Table 6

question 17

Multiple Choice

Table 6.1
$\begin{array}{lccc}\begin{array}{c}\text { Expiration } \\\text { Time }\end{array} & \begin{array}{c}\text { Wheat } \\\text { Cents/Bushel }\end{array} & \begin{array}{c}\text { Corn } \\\text { Cents/Bushel }\end{array} & \begin{array}{c}\text { Soybeans } \\\text { Cents/Bushel }\end{array} \\\hline \text { Today }=\text { spot } & 540 & 610 & 1320 \\6 \text { months } & 560 & 600 & 1350 \\12 \text { months } & 590 & 587 & 1480 \\18 \text { months } & 625 & 580 & 1370 \\24 \text { months } & 655 & 570 & 1265\end{array}$
-Refer to the table 6.1.The lease rate on the 6-month soybean contract is 0.35%.What is the implied annual storage cost if the cost is continuously paid and proportional?

• A) 0.84%
• B) 1.62%
• C) 2.30%
• D) 4.0%

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Definitions:

Monosaccharides

The simplest form of carbohydrates, consisting of a single sugar molecule such as glucose or fructose.

Enediol Rearrangement

A chemical rearrangement involving the migration of double bonds along with hydrogen atoms, often seen in carbohydrate chemistry.

Epimerization

A chemical process that results in the conversion of one epimer to another, typically involving the inversion of stereochemistry at a single chiral center.

D-Glyceraldehyde

An important intermediate in cellular metabolism, this simple sugar molecule is one of the smallest and simplest forms of aldose.