Solved

Larry Is a Corn Farmer

Question 46

Multiple Choice

Larry is a corn farmer. To lock in the value of his crop, Larry is most likely to benefit from


A) selling his crop at the market price when it is harvested.
B) buying a futures contract on corn for delivery at harvest time.
C) selling a futures contract on corn for delivery at harvest time.
D) buying a futures contract on corn and selling a futures contract on wheat.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions