Suppose you buy one contract for March 2017 delivery at the closing price. If the contract closes
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Question:
Suppose you buy one contract for March 2017 delivery at the closing price. If the contract closes in March at a price of $3.99 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.)
maturity | last | chg | high | low |
Mar' 17 | 3.9575 | -0.0400 | 4.0025 | 3.9475 |
Related Book For
Investments
ISBN: 978-0071338875
8th Canadian Edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Stylianos Perrakis, Peter
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