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Business, 06.03.2020 09:04 ItzAquaZ8716

Kayla is a speculator in the market for a rare French goat cheese known as Crottin de Chavignol. She entered into a futures contract with farmers from the small town of Chavignol, where the cheese is produced. The futures contract specifies that after 45 45 months, Kayla will purchase 1500 1500 kilograms (kg) of Crottin de Chavignol at $ 240 240 /kg. When the specified number of months has passed, the price of Crottin de Chavignol is $ 225 225 /kg. What is Kayla's profit per kilogram?

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Kayla is a speculator in the market for a rare French goat cheese known as Crottin de Chavignol. She...

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