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

Author Question: CME Corn Futures - Quotes MonthLastChangePrior SettleOpenHighLowVolumeJuly658'0 ... (Read 75 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
YES! Correct, THANKS for helping me on my review

sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

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.

corn snake corn snake
GMO Corn GMO Corn
Corn Oil Corn Oil
Wisdom Quotes Wisdom Quotes
Opener Pigment mutations within an ear of corn, caused by transposition of the Ds element Opener Pigment mutations within an ear of corn, caused by transposition of the Ds element
Wisdom Quotes Wisdom Quotes
Video: Introduction to Autism

For a complete list of videos, visit our video library