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8) The November 22, 2015 the on-line edition of the Wall Street Journal listed the following information on oat futures. Quotes are in cents per
8) The November 22, 2015 the on-line edition of the Wall Street Journal listed the following information on oat futures. Quotes are in cents per bushel. Oats (CBT)-5,000 bu; cents per bu. Dec '15 March '16 Last 237.6 228.6 Chg -6.0 +0.4 Open 243.0 227.4 High 243.0 228.6 Low 232.4 225.4 Based on this information, which one of the following statements is correct? A) Oats trade on the New York Mercantile Exchange. B) The highest price at which the March oats contract traded was $228.60 per contract. C) The cost of a March 2016 contract was $11,430 at the market close. D) The price of the March 2016 oats contract at the close was $200 higher than the previous day's closing price. Answer: 0
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