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1.) What price (in dollars) would you have paid today per bushel for the Mar 08 wheat futures contract if you bought the contract at

1.) What price (in dollars) would you have paid today per bushel for the Mar 08 wheat futures contract if you bought the contract at the final price of the day?

2.) Choose a value closest to your position value if you go long for five contracts. Wheat contract size is 5000 bushels.

image text in transcribedimage text in transcribed

$271,000

$273,000

$275,000

$277,000

$279,000

Futures example What price (in dollars) wounu youmave paid today per bushel for the Mar 08 wheat futures contract if you bought the contract at the final price of the day? $1,093.20 $1,093.25 $10.9320 $10.9325 $0 Choose a value closest to your position value if you go long for five contracts. Wheat contract size is 5000 bushels. $271,000$273,000$275,000$277,000$279,000

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