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7) You purchased four September corn futures contracts at what turned out to be the lowest price of the day and sold those contracts at

7) You purchased four September corn futures contracts at what turned out to be the lowest price of the day and sold those contracts at today's close. What is your total profit or loss on this investment? Contract Sep, Corn, 5,000 bu, cents/bu Sep, Wheat, 5,000 bu, cents/bu Open 615.50 814.00 High 618.25 820.00 Low 608.00 808.50 Close 612.50 811.00 8) You purchased 5 put option contracts on Mountain Builders stock at an option premium of $0.70. The strike price is $30. What is your break-even stock price? 9) You own 6 put option contracts on JL Industrial stock. You paid an option premium of $0.85 for a strike price of $37.50. On the option expiration date, the stock was selling for $35.00 a share. What is your percentage return?
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7) Yoa porehned four September com futures contnets at what tumed out to be the lowest price of the day and sold thove contracts at today'u close. What is your total profit or lous on this invectment? ContractSep,Corn,5,000be,centybeSep,Wheat,5,000bs,eentebaOpen615.50814.00High618.25820.00Low608.00808.50Clone612.50811.00 8) Yoe parchared 5 put option contracts an Mountain Builders stock at an option premiam of so.70. The strike price is 530 . What is your breakeven toek price? 9) You own 6 put option contracts on . Industrial dtock. You paid an option premium of $0.85 for a strike price of 537,50 . Oa the option expiration date, the atock was selling for $35.00 a share. What is your pereentage return

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