The writer is very fast, professional and responded to the review request fast also. Thank you.
Mr. At Risk owns a food processing business, he needs 1,000 tons of flour in three months’ time. He is worried that the price of flour may increase and wants to hedge against price increases of flour. He can not locate a forward contract, future contract or option for flour. Mr. Risk decides to enter into an contract to buy 25,000 bushels of wheat. The option expires May 1, 2014. Further, Mr. Risk finds out the following:*at current spot prices, the total value of the flour inventory is $350,000; if the option is exercised at the strike stipulated in the contract, the value of the wheat is $250,000*the correlation between flour and wheat prices, traditionally is approximately 45%*the option expires May 1, 2014*delivery locations for wheat and flour differ
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more