1. what would be the gain or loss if you bought 20 orange juice futures each contract is for 5,000 bushels of oranges at $4.60 a bushel and it settles in 60 days at a spot price of %5.20 per bushel?

a loss of $60,000 ; gain of $60,000 ; loss of 3000 ; a gain of 1200 ; a gain of 3,000

2. what is the holding period gain of loss % return for the year if you bought a stock on janurary 1 for $75, you received a dividend of $4 and the price at the end of the year was $72?

a loss of 1.33% , gain of 5.33% , gain of 2.7% , gain of 1.33% , loss of 2.7%

3. what is the value in 3 years of $100,000 invested now with 6% interest compounded monthly?

$83,961.93 ; 119,101.60 ; 83564.49 ; 119,668.05

4. what is the value in 3 years of $100,000 invested for 10 years with 4% interest compounded annually at the end of 10 years ?

149,083.27 ; 148,024.43 ; 67,556.42 ; 140,000 ; none

5. what is the value after 10 years of $100,000 invested at the end of each year for 10 years with a 6% annual rate?

17,908.48 ; none ; 143,807.95 ; 139,714.43 ; 5.583.95

6. what is the value of $100,000 invested at the beginning of each year for 10 years at 6% annual rate after 10 years?

none, 132,067.87 ; 131,807.95 ; 139,716.43