Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Contract Open High Low Close Mar, Heating Oil, 42,000 gal, $ and cents/gal 812.23 827.97 801.08 812.24 Mar, Crude Oil, 1,000 bbls, $ and cents/bbls
Contract | Open | High | Low | Close | |
Mar, Heating Oil, 42,000 gal, $ and cents/gal | 812.23 | 827.97 | 801.08 | 812.24 | |
Mar, Crude Oil, 1,000 bbls, $ and cents/bbls | 115.55 | 142.2 | 95.87 | 114.88 |
Answer should be formatted as a number with 0 decimal places (e.g. 999).
What is the value of 18 March futures contracts on crude oil at the closing price?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started