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Look at the futures listings for corn in Figure 2.11. Suppose you buy one contract for December 2017 delivery at the closing price. If the

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Look at the futures listings for corn in Figure 2.11. Suppose you buy one contract for December 2017 delivery at the closing price. If the contract closes in December at a price of $3.95 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.) Look at the futures listings for com in Figure 2.11 Suppose you buy one contract for December 2017 delivery at the closing price. If the contract closes in December at a price of $3.95 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.) points Maturity LAST CHG HIGH LOW May '17 Jul '17 Sep '17 Dec '17 Mar '17 3.6125 3.6775 3.7525 3.8575 3.9575 -0.0525 -0.0550 -0.0475 -0.0450 -0.0400 3.6800 3.7450 3.8125 3.9150 4.0025 3.6075 3.6725 3.7475 3.8525 3.9475

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