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

Author Question: CME Silver Futures - Quotes MonthLastChangePrior ... (Read 53 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
Thanks for the timely response, appreciate it


ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

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.

For a complete list of videos, visit our video library