Suppose you sell 25 of the May corn futures at the high price of the day. You
Question:
Use the following corn futures quotes
Transcribed Image Text:
Corn 5,000 bushels Contract Month High Open Int Open Low Settle Chg Mar 597,913 455.125 457.000 451.750 452.000 -2.750 May 137,547 467.000 468.000 463.000 463.250 -2.750 July 153,164 477.000 477.500 472.500 473.000 -2.000 471.750 29,258 Sep 475.000 475.500 472.250 -2.000
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Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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