Look at the futures listings for corn in Figure 2.11 . a. Suppose you buy one contract

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Look at the futures listings for corn in Figure 2.11 .

a. Suppose you buy one contract for December 2009 delivery. If the contract closes in December at a price of $5.25 per bushel, what will be your profit or loss?

b. How many December 2009 maturity contracts are outstanding? LO.1

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Essentials Of Investments

ISBN: 9780697789945

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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