Business, 12.02.2020 04:48 uwauwa1234

Use the following corn futures quotes: Corn 5,000 bushels Contract Month Open High Low Settle Chg Open Int Mar 455.125 457.000 451.750 452.000 −2.750 597,913 May 467.000 468.000 463.000 463.250 −2.750 137,547 July 477.000 477.500 472.500 473.000 −2.000 153,164 Sep 475.000 475.500 471.750 472.250 −2.000 29,258 Suppose you buy 17 of the September corn futures contracts at the last price of the day. One month from now, the futures price of this contract is 462.375, and you close out your position. Calculate your dollar profit on this investment.

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Use the following corn futures quotes: Corn 5,000 bushels Contract Month Open High Low Settle Chg Op...

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