Question: FV- ? An average chicken weighs between 2-4.5 kilograms, or roughly 5-10 pounds. Prices right now for wholesale poultry are $1.06 per kilogram or $0.4818

FV- ? An average chicken weighs between 2-4.5 kilograms, or roughly 5-10 pounds. Prices right now for wholesale poultry are $1.06 per kilogram or $0.4818 per pound. A farmer is planning to sell 360 birds wholesale, six months from now. Using an average of 3.5 kilograms, and a futures price of $1.06 per kilogram (we're assuming prices remain the same six months from now), how much is the farmer expecting to earn on the day of sale? How much is that amount worth today, six months before he actually sells the chickens? Use an annual discount rate of 4%. 360 7 335.6 3.5 kilgraus & 1.06 per kg 6 mouth & 13c9.66

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