You want to find the price of a future on light sweet crude oils. Go to the

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You want to find the price of a future on light sweet crude oils. Go to the New York Mercantile Exchange at www.nymex.com and follow the “Markets” link, the “Quotes” link, then the “Quotes, Charts, Settle” link for light sweet crude. Follow the “About the Contracts” link to find the contract specifications. What is the most recent settlement price for the shortest-term contract? For the longest-term contract? Based on these prices, what is the total dollar value of each contract?

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