This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: CME Corn Futures - Quotes MonthLastChangePrior SettleOpenHighLowVolumeJuly658'0 ... (Read 50 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
on: Apr 25, 2021
CME Corn Futures - Quotes
MonthLastChangePrior SettleOpenHighLowVolume
July658'0 a+4'6653'2654'0660'6652'045,021
Sept.577'6-1'2579'0579'0583'6572'656,200
Dec545'0-1'4546'4546'4551'0541'475,414
The table above shows information on CME Corn Futures contracts. Prices are shown in cents per bushel, with a minimum tick size of 1/4 cent per bushel. There are 5,000 bushels per contract. You have a short position in one September Corn futures contract. As shown in the Prior Settle column, the futures price at the close of trading yesterday was $5.79. The balance in your margin account was $2,895. If at the end of today the settlement price for corn futures is $5.7475, then what is your daily profit?
◦ $62.50
◦ $212.50
◦ $2,682.50
◦ $3,107.50
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bobbysung on Apr 25, 2021

fromAlphatoOmega22

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly


bobbysung

  • Member
  • Posts: 519
Reply 2 on: Apr 25, 2021
Excellent

meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

A statue of a corn goddess of the Moche peoples of coastal Peru, around 400 BP. Within several centu A statue of a corn goddess of the Moche peoples of coastal Peru, around 400 BP. Within several centu
Response of corn selected for high and low oil content over 76 generations Response of corn selected for high and low oil content over 76 generations
Wisdom Quotes Wisdom Quotes
A farmer has 100 acres of land on which she plans to grow wheat and corn. Each acre of wheat ... A farmer has 100 acres of land on which she plans to grow wheat and corn. Each acre of wheat ...
A farmer has 100 acres of land on which she plans to grow wheat and corn. Each acre of wheat ... A farmer has 100 acres of land on which she plans to grow wheat and corn. Each acre of wheat ...
Anatomy of a seed. Left, corn (Zea Mays), a monocot; right, pea (Pisum sativum), a eudicot Anatomy of a seed. Left, corn (Zea Mays), a monocot; right, pea (Pisum sativum), a eudicot
Video: Fermentation - When Oxygen Is Absent, Pyruvate to Lactate & Pyruvate to Ethanol

For a complete list of videos, visit our video library