This topic contains a solution. Click here to go to the answer

Author Question: CME Silver Futures - Quotes MonthLastChangePrior ... (Read 73 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
CME Silver Futures - Quotes
MonthLastChangePrior SettleOpenHighLowVolume
Sept.19.275+0.72218.55318.48019.44018.17059,465
Dec19.390+0.79218.59818.56519.48018.2152,795
Mar19.415+0.76618.64918.60019.41518.600729
The table above shows information on CME silver futures contracts. Prices are shown in cents per troy ounce, with each contract calling for the delivery of 5,000 troy ounces. You have a long position in five December silver futures contracts. As shown in the Prior Settle column, the futures price at the close of trading yesterday was $18.598. The balance in your margin account was $1,115. Today the settlement price for silver futures is $19.490. What is your daily profit?
◦ $4,460
◦ $19,800
◦ $22,300
◦ $23,415


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by elizabeth18 on Apr 25, 2021

abctaiwan

  • Sr. Member
  • ****
  • Posts: 355
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




elizabeth18

  • Member
  • Posts: 559
Reply 2 on: Apr 25, 2021
Gracias!


EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

For a complete list of videos, visit our video library