Given zero-coupon bond yields are 5.2%, 5.5%, and 5.8% in years 1, 2, and 3, respectively, calculate the prepaid swap price for corn. Assume corn forward prices for the proceeding 3 years are $2.10, $2.20, and $2.35, respectively

A)

$5.96

B)

$6.04

C)

$6.12

D)

$6.20

Answer:

A

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