ple Choices
(Choose 1 answer)
(24936) 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