Martha Graham of Superior Speculators Inc just read today's report that reflects these prices for the futuresJune contract on silver: Open 19.435, High 19.450, Low 19.025, Settle 19.119, and Chg .369. Martha knows that the futures contract on silver is based on 5,000 troy ounces and is priced in dollars and cents per troy ounce. What is the price per troy ounce that will be used for today's marking-to-market for hercontract?

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The price per troy ounce that will be used for todays markingtomarket for Martha Grahams silver futu... View the full answer