Question: Using Figure 14.1 , answer the following questions: a. What was the settle price for July 2019 soybean oil futures on this date? What is
Using Figure 14.1, answer the following questions:
a. What was the settle price for July 2019 soybean oil futures on this date? What is the total dollar value of this contract at the close of trading for the day? (Input all amounts as positive values. Enter the settle price in dollars rounded to 4 decimal places and round the dollar value to 2 decimal places.)
b. What was the settle price for August 2019 crude oil futures on this date? If you held 25 contracts, what is the total dollar value of your futures position? (Input all amounts as positive values. Enter the settle price in dollars rounded to 4 decimal places and round the dollar value to the nearest whole number.)
c-1. Suppose you held an open position of 40 June 2019 S&P 500 Index futures on this day. What is the change in the total dollar value of your position for this days trading? (A negative value should be indicated by a minus sign.)
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