The quoted prices are in $$cent$(1$ dollar $=100$ cents$).$

Contract Month Open High Low Settle Chg Open Int

Mar $455\mathrm{.}125457\mathrm{.}000451\mathrm{.}750452\mathrm{.}000-2\mathrm{.}750597,913$

May $467\mathrm{.}000468\mathrm{.}000463\mathrm{.}000463\mathrm{.}250-2\mathrm{.}750137,547$

July $477\mathrm{.}000477\mathrm{.}500472\mathrm{.}500473\mathrm{.}000-2\mathrm{.}000153,164$

Sep $475\mathrm{.}000475\mathrm{.}500471\mathrm{.}750472\mathrm{.}250-2\mathrm{.}00029,258$

a$)$ How many of the March contracts are currently open?

b$)$ How many of these contracts should you sell if you wish to deliver $225,000$ bushels of corn

in March?

c$)$ If you actually make delivery, how much will you receive? Assume you locked in the settle

price.