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21. You sold one corn future contract at $2.29 per bushel. What would be your profit (loss) at maturity if the corn spot price at

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21. You sold one corn future contract at $2.29 per bushel. What would be your profit (loss) at maturity if the corn spot price at that time were $2.10 per bushel? Assume the contract size is 5,000 bushels and there are no transactions costs. a. $950 profit b. $95 profit c. $950 loss (1. $95 1055 e. None of these is correct

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