Suppose that on September 1, it costs 1 cents per bushel per month to...
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Accounting
Suppose that on September 1, it costs 1 cents per bushel per month to store corn, and the current cash price for corn is $3.54. The futures price 2 months out is 3.60. According to the full carrying cost hypothesis, is there any opportunity for profit? If so how much for one contract?
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