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Gold futures contracts are basod on 100 troy ounces and are priced in daliars per troy ounce You own four November coniracts M the ond

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Gold futures contracts are basod on 100 troy ounces and are priced in daliars per troy ounce You own four November coniracts M the ond of trading todar, the market report refiected these proces: Open 1939 50. High 1942.50, Low 1929.00 , and seitie 194415 . What is the value of your contracts at the market ciose today? a. $771,000 b. $776.420 c. 5777.000 dis7mb000

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