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Author Question: MONTHLASTOPENHIGHLOWSETTLEFeb88.40088.47589.287.9588.275Mar87.650----88.40087.65087.65May89.400----89.82589.40089.4July91.500929291.50091.5Aug92.000----93.000----92Frozen ... (Read 115 times)

karen

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on: Apr 25, 2021

MONTHLASTOPENHIGHLOWSETTLE
Feb88.40088.47589.287.9588.275
Mar87.650----88.40087.65087.65
May89.400----89.82589.40089.4
July91.500929291.50091.5
Aug92.000----93.000----92
Frozen Pork Bellies futures contracts trade on the CME. Each contract calls for the delivery of 40,000 lbs. of USDA-inspected Pork Bellies. A summary of today's trading is provided in the table, above. The price of the contract is quoted in dollars per hundred pounds (100 lbs). A month ago you thought an increased demand for bacon would cause the price of frozen pork bellies to rise. To profit from this expectation you purchased one February contract at a price of $85. If you execute an offset trade today at the settlement price, then what is your cumulative profit?
◦ $1,310
◦ $1,360
◦ $1,390
◦ $1,400
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by karen on Apr 25, 2021

Madisongo23

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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.
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karen

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Reply 2 on: Apr 25, 2021
Gracias!

meganmoser117

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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