On January 1st you went long in a 3-month forward contract o…

On January 1st you went long in a 3-month forward contract on 5,000 bushels of wheat at $6.85 per bushel. At maturity on April 1st, the spot price is $8.50 per bushel. What cash settlement from long to short (or short to long) will fairly settle the contract without the involvement of actual wheat?

  The class AI policy is:   All work in this class is suppos…

  The class AI policy is:   All work in this class is supposed to reflect your thoughts and effort. There should be no need to rely on external “aids” for any of the assignments (group or individual) throughout the semester.  The class policy is clear – they are not allowed.  This is the policy for all types of sources (including AI apps, Chatbots or other online student “resources”) and all types of information (including the basic structure/content/outline).  I value your thoughts and analysis – not your ability to find others’ (or AI’s) online.  Use of these aids is not allowed and will negatively impact your grade.