The spot price of corn is $5.82 per bushel.The opportunity cost of capital for an investor is 0.6% per month.If storage costs of $0.03 per bushel per month are factored in,all else being equal,what is the future value of storage costs over a 6-month period?
A) $0.1534
B) $0.1684
C) $0.1772
D) $0.1827
Correct Answer:
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