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Look at the futures listings for com in Eigure 2.11 a. Suppose you buy one contract for July 2015 delivery at the closing price.If the

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Look at the futures listings for com in Eigure 2.11 a. Suppose you buy one contract for July 2015 delivery at the closing price.If the contract closes in July at a price of $3.74 per bushel, what willbe your proft or loss? (Each contract calls for delivery of 5,000 bushels.) (Round your answer to 2 decimal places) Profit of $220 b. How many July 2015 maturity contracts are outstanding? Number of outstanding contracts 76051

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