Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. you manage a food company. the company will need 6

You manage a food company. The company will need 650,000 bushels of soya bean in...

80.2K

Verified Solution

Question

Finance

image
You manage a food company. The company will need 650,000 bushels of soya bean in 3 months. The 3 months futures price is $5.00. You are afraid the cash price may rise above $5.00. One futures contract is for 5,000 bushels. What can you do in the futures market to avoid price risk? buy 26 contracts O sell 650 contracts & o sell 26 contracts o sell 130 contracts O buy 650 contracts O buy 130 contracts

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Consider your own gender. What do you think it means to be that gender in our...

Psychology
Q

1.       The Green Cab Company has a taxi waiting at each of four cabstands in Evanston, Illinois....

General Management
Q

Hello. This is an exercise is from Hoffman, Linear Algebra, chapter 7.4; but it has no solution,...

Advance Math
Q

Find the equivalent resistance between points A and B if each resistor is of resistance...

Physics
Q

1 A circular disk of moment of inertia I is rotating in a horizontal plane...

Physics
Q

The system of equations graphed below has how many solutions 6 5 5 y x...

Geometry
Q

472 The equation below can be used to model the height of a tide in...

Algebra
Q

Problem 3.2 Allocation of Earnings and Profits Timing of Earnings and Profits On...

Accounting
Q

Members of the board of directors of Security One have received the following operating income...

Accounting
Q

Woodall makes handheld calculatoes in two models: basic and professional. Woodall estimated $851,500 of manutacturing...

Accounting
Q

A Government levied $500,000 in special assessments. The assessments are due and payable in equal...

Accounting
Q

please help with 1 and 2 thank you!

Accounting