finance-You have gold colored goods: corn
You have gold colored goods: corn. Assume constant monthly storage costs of C and no interest. Suppose prices now are L (low) and will be H>L (high) next month with probability p. Keep in mind that a fraction of your corn decays every month you store it ( So storing corn three months will get you either Delta raised to 3rd power(H), or Delta raised to 3rd power(L)) When is the best time to sell your corn?
We pride ourselves in writing quality essays CLICK HERE TO CONTACT US