You are on page 1of 7

"!

"#$
! % &#'
& % &
()

&#'
& #
*
! !
!& %
!

() !

+ ,--./ 0 ' +
1
!

* #
2 & ' 7 8 #
2 & 3+
--- !
# ) % 95 : ! 5 ! )
Percent of Nutrient in 9 : ! ! )
Nutrient Feed 1 Feed 2 Feed 3 Feed 4 91 : ! 1 ! )
Corn 30% 5% 20% 10%
9. : ! . ! )
Grain 10% 3% 15% 10%
Minerals 20% 20% 20% 30%
Cost per pound $0.25 $0.30 $0.32 $0.15

! -4 +564
+ 564
* + 1 * + 1

1
"#$ !
! 3+
--- !
;
95 = 9 = 91 = 9. : 3+
---

< - 695 = -1-9 = -1 91 = -569. ) -4


,
-195 = --69 = - 91 = -59./
>3---?: -
) 564
,
-595 = -19 = -5691 = -59./
>3---?: -56
) 564
,
- 95 = - 9 = - 91 = -19./
>3---?: -56
< '
95+9 +91+9. ?: -
* + 1 * + 1

2# ! 7 8 #
< 9 @ A
--6>
3---:------B 6
95 : 5 ! )
2 ! + !
9 : ! )

# ' ! 91 : 1 ! )
! ) ! !# 9. : . ! )
! @ A #
# # #
! '
# # ! %'
; * + 1 * + 1

2
"#$ !
! 3+
--- !
;
95 = 9 = 91 = 9. : 3

< 6-95 = 1--9 = 1 -91 = 56-9. ) -4


,
-195 = -69 = - 91 = -59./
>3?: -
) 564
,
-595 = -19 = -5691 = -59./
>3?: -56
) 564
,
- 95 = - 9 = - 91 = -19./
>3?: -56
< '
95+9 +91+9. ?: -
* + 1 * + 1

"
* 2 D2 ! E
* " #)
% 3+
--- # D2 ! E
%
--6>
3---: ------B 6 ' '!
2
5--4 ! 0 '
3
! '
'! A %
--6>
3: ---B 6 '! % +'
# % ' C A % +' & '!
* + 1 * + 1

3
! #
F
F ! '
& !'
)B
Month
5 1 . 6 B

1& 3) F ! I .- I 6- I B6 I 36 I 3- I B-
F 7 5+
--- .+
6-- B+
--- 6+
6-- 1+
6-- .+
---
) ! ! .+
--- 1+
6-- .+
--- .+
6-- .+
--- 1+
6--
! ! +
--- 5+
H6- +
--- +6- +
--- 5+
H6-

+ 1
G * ': + H6-!
G ' : 5+
6--!
G F ' : 5 64 ! !
* + 1 G ) ! % ! ': B+
---!

*
7 8 # "#$ !
; !
0 '
i : !# ! ! i, i:5 B
< .- 5= 6- = B6 1= 36 .= 3- 6= B- B
*i : # ' i, i:5 B
= 1 B,
*5=* /
> = 1 H6,
* =*1/
> = 1 J3,
*1=*./
>
*.=*6/
= . 3, > = . -,
* 6= * B/
> = 1 J,
*B=*H/
>

< # ' '


' !

* + 1 * + 1

4
5 7

! ( ',
( : * = & 7/
+
---K: K: .+
---L 5 5+
6--K *5 = 5 & 5+
---K B+
---L 5
5
5+
H6-K: K: 1+
6--L 5+
6--K * = & .+
6--K B+
---L

+
---K: K: .+
---L 1 5+
6--K *1 = 1 & B+
---K B+
---L 1
1
5+
6--K *. = & 6+
6--K B+
---L .
+6-K: . K: .+
6--L . .
6--K *6 =
5+ & 1+
6--K B+
---L 6
+
---K: 6 K: .+
---L 6 6
5+
6--K *B = & .+
---K B+
---L B
5+
H6-K: B K: 1+
6--L B B

* + 1 * + 1

* * < *
# !
*5 : H6- '
* : *5 = 5 & 5+
--- +
' 1&15 )
*1 :* = & .+
6-- #
*. : *1 = 1 & B+
---
*6 : *. = . & 6+
6--
*B : *6 = 6 & 1+
6--
*H : *B = B & .+
---
* + 1 * + 1

5
!& % # ! ' #
! %
&8 ! 'I3--+
--- %>
"! % *
#! % ! )B
' I 6-+
--- ! 25 &5 5 -53
.+ ' I1--+
--- ! *5 &5 KMMMMM? 5 -16
B 5 &5 KMMMMM? KMMMMM? 5 -63
75 &5 KMMMMM? KMMMMM? KMMMMM? KMMMMM? KMMMMM? 5 55
% '# ! 2 &5 5 -53
21 &5 5 -53
*1 &5 KMMMMM? 5 -16
Investment Available in Month Months to Maturity Yield at Maturity 2. &5 5 -53
. &5 KMMMMM? KMMMMM? 5 -63
A 1, 2, 3, 4, 5, 6 1 1.8% 26 &5 5 -53
B 1, 3, 5 2 3.5% *6 &5 KMMMMM? 5 -16
2B &5 5 -53
C 1, 4 3 5.8%
D 1 6 11.0%
!
* + 1 * + 1

7 8 # "#$ !

2i : ! , I5+
---/ 2 ; 5
# i:5+ +1+.+6+B
*i : ! , I5+
---/ *
< 25 = *5 = 5 = 75
# i:5+1+6
i: ! , I5+
---/
# i:5+.
7i : ! , I5+
---/ 7
# i:5

* + 1 * + 1

6
%
5 -5325 N 52 : - L
5 -16*5 = 5 -532 N 521 N 5*1 : 6-L 1
5 -63 5 = 5 -5321 N 52. N 5 . : - L .
5 -16*1 = 5 -532. N 526 N 5*6 : 6-L 6 1&16 )
5 -5326 N52B : - L B
5 5575 = 5 -63 . = 5 -16*6 = 5 -532B : 1--L H
< '
2i+*i+ i+7i ?: -+ i

* + 1 * + 1

2 %

5 2 % %
O!
1
51+56+53+5J+ J+1.+1B
.

You might also like