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Problem 3-11 Futures Quotations (LO3, CFA4) Use the following corn futures quotes: a. How many of the September contracts are currently open? b. How many

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Problem 3-11 Futures Quotations (LO3, CFA4) Use the following corn futures quotes: a. How many of the September contracts are currently open? b. How many of these contracts should you sell if you wish to deliver 80,000 bushels of corn in a. How many of the September contracts are currently open? b. How many of these contracts should you sell if you wish to deliver 80,000 bushels of corn in September? c. If you actually make dellvery, how much will you recelve? Assume you locked in the settle price. (Do not round interm calculations. Round your answer to the nearest whole number.)

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