What Is the 3-Year Swap Price on Corn? Assume Interest

question 16

Multiple Choice

What is the 3-year swap price on corn? Assume interest rates over the next 3 years are 2.0%,2.5%,and 2.8%.The prepaid swap price is given as $15.50.

• A) $5.10
• B) $5.30
• C) $5.43
• D) $5.64

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