Ethanol futures contracts are based on 29,000 gallons and are priced in dollars per gallon. Assume the

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Ethanol futures contracts are based on 29,000 gallons and are priced in dollars per gallon. Assume the end-of-day prices on a contract are:
Open.......................2.220
High........................2.231
Low........................2.181
Settle......................2.186
What is the maximum profit that an investor could have earned by buying and selling one of these contracts on this day?
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Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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