Problem 14-1 Understanding Futures Quotations (LO1, LO2, CFA2) Using Figure 14.1, answer the following questions: a. What was the settle price for December 2015 coffee futures on this date? What is the total dollar value of this contract at the close of trading for the day? (Input all amounts as positive values. Enter the settle price rounded to 4 decimal places and round the dollar value to 2 decimal places.) Settle price Dollar value b. What was the settle price for December 2015 crude oil&comma light sweet futures on this date? If you held 30 contracts, what is the total dollar value of your futures position? (Input all amounts as positive values. Enter the settle price rounded to 4 decimal places and round the dollar value to the nearest whole number.) Settle price Dollar value Problem 14-1 Understanding Futures Quotations (LO1, LO2, CFA2) Using Figure 14.1, answer the following questions: a. What was the settle price for December 2015 coffee futures on this date? What is the total dollar value of this contract at the close of trading for the day? (Input all amounts as positive values. Enter the settle price rounded to 4 decimal places and round the dollar value to 2 decimal places.) Settle price Dollar value b. What was the settle price for December 2015 crude oil&comma light sweet futures on this date? If you held 30 contracts, what is the total dollar value of your futures position? (Input all amounts as positive values. Enter the settle price rounded to 4 decimal places and round the dollar value to the nearest whole number.) Settle price Dollar value