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

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Look at the futures listings for corn 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 ss.74 per bushel, what will be your profit or loss? (Each contract calls for delivery of 5.000 bushels.) (Round your answer to 2 decimal places.) (Profit #)Oof $ 0.0440 b. How many July 2015 maturity contracts are outstanding? Number of outstanding contracts 76051

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