Question: **Please show work for both problems for help understanding, thank you** Use the following information to answer questions 9-10. Gasoline - NY unleaded (NYM) 42,000

 **Please show work for both problems for help understanding, thank you**

**Please show work for both problems for help understanding, thank you**

Use the following information to answer questions 9-10. Gasoline - NY unleaded (NYM) 42,000 gal: $ per gal What is the value of 1 April gasoline futures contract at settlement price? You purchase 5 gasoline futures contracts the lifetime low and sold then at the lifetime high. What is your dollar return

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