Quiz File
Business Management
A grower asks your assistance in marketing alternatives for his corn crop. He could currently sell the corn for $2.50 per bushel. He believes that in 4 months the price will be $2.60. If he sold the corn now, he could invest the money at 11 percent interest. He is paying 1.5 cents per month per bushel for storage. What should he do?
A grower asks your assistance in marketing alternatives for his corn crop. He could currently sell the corn for $2.50 per bushel. He believes that in 4 months the price will be $2.60. If he sold the corn now, he could invest the money at 11 percent interest. He is paying 1.5 cents per month per bushel for storage. What should he do?
A grower asks your assistance in marketing alternatives for his corn crop. He could currently sell the corn for $2.50 per bushel. He believes that in 4 months the price will be $2.60. If he sold the corn now, he could invest the money at 11 percent interest. He is paying 1.5 cents per month per bushel for storage. What should he do?
Answer: sell now
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