What is the cash flow if the forward contract settle in cash

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A firm enters a long one-year forward contract on 5000 bushels of soybeans. The forward price is 9.985 per bushel.

If, in one year (i.e., at the time the contract expires), the price of soybeans is $10.0185 per bushel, what is the cash flow if the forward contract settles in cash? without excel

Reference no: EM131902234

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