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Other Fields Homework Help Business Topic started by: Rickos on Jun 1, 2017



Title: A large agribusiness firm has contracted to deliver 100,000 bushels of wheat for $4.50 a bushel at ...
Post by: Rickos on Jun 1, 2017
A large agribusiness firm has contracted to deliver 100,000 bushels of wheat for $4.50 a bushel at the end of October. On the delivery date, the spot price of wheat is $4.70 per bushel. Which of the following is true?
A) The seller of the contract has $20,000 loss.
B) The buyer of the contract has a $20,000 loss.
C) The buyer of the contract has a $20,000 profit
D) Both A and C are true


Title: Re: A large agribusiness firm has contracted to deliver 100,000 bushels of wheat for $4.50 a bushel ...
Post by: David_hess on Jun 1, 2017
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Title: Re: A large agribusiness firm has contracted to deliver 100,000 bushels of wheat for $4.50 a bushel at ...
Post by: Rickos on Jul 5, 2017
I really appreciate this 8-)