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Note: The quoted prices are in cent ( 1 dollar = 1 0 0 cents ) . table [ [ Corn 5 , 0
Note: The quoted prices are in "cent" dollar cents
tableCorn bushelsContract Month,Open,High,Low,Settle,ChgOpen IntMarMayJulySep
Suppose you buy of the September corn futures contracts at the last price of the day. One month from now, the futures price of this contract is and you close out your position.
Calculate your dollar profit on this investment.
What is the HPR of this investment?
Note: The HPR must be calculated as HPR Terminal Equity Initial Equity Initial Equity.
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