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8 Use the following corn futures quotes: corn 5,000 bushels Open High Low Settle chOpen Int 455.125457.000451.750452.000-2.750 467.000468.000463.000463.250-2.750 477.000477.500472.500473.000-2.000 597,913 137, 547 153,164 ts Mar

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8 Use the following corn futures quotes: corn 5,000 bushels Open High Low Settle chOpen Int 455.125457.000451.750452.000-2.750 467.000468.000463.000463.250-2.750 477.000477.500472.500473.000-2.000 597,913 137, 547 153,164 ts Mar May July Sep Print 475.000475.500471.750472.250-2.000 29,258 a. How many of the May contracts are currently open? b. How many of these contracts should you sell if you wish to deliver 135.000 bushels of com in May? Contracts Prev 8 of 1Next Mc Next > acts b. How many of these contracts should you sell if you wish to deliver 135,000 bushels of corn in May? racts c. If you actually make delivery, how much will you receive? Assume you locked in the settle price. (Do not round intermediate calculations. Round your answer to the nearest whole number.) Prev of 11 Next>

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