Assignment connect CO FINANCE kulchania Assignment 2 instructions I help Question 1 (of 6) Save & Exit Submit 1 value: 10.00 points Look at the futures listings for corn in Figure 2.11 a. Suppose you buy one contract for September 2015 delivery at the closing price. If the contract closes in September at a price of $3.85 per bushel, what will be your profit or loss? (Each contract calls for delivery of 5,000 bushels.) (Round your answer to 2 decimal places.) of $ Profit b. How many September 2015 maturity contracts are outstanding? Number of outstanding contracts References eBook& Resources Worksheet Learning Objective: 02-03 Calculate the profit or loss on investments in options and futures contracts MacBook Air Assignment connect CO FINANCE kulchania Assignment 2 instructions I help Question 1 (of 6) Save & Exit Submit 1 value: 10.00 points Look at the futures listings for corn in Figure 2.11 a. Suppose you buy one contract for September 2015 delivery at the closing price. If the contract closes in September at a price of $3.85 per bushel, what will be your profit or loss? (Each contract calls for delivery of 5,000 bushels.) (Round your answer to 2 decimal places.) of $ Profit b. How many September 2015 maturity contracts are outstanding? Number of outstanding contracts References eBook& Resources Worksheet Learning Objective: 02-03 Calculate the profit or loss on investments in options and futures contracts MacBook Air