Question $29(1$ point$)$

On Monday, you sold short one Soybeans futures contract at $$15\mathrm{.}00$ per bushel, as

shows in the table, below. The darly price changes are shown in the right$-$hand

column. On Friday the contract settied at a price of $$13\mathrm{.}25$ and you ciosed your

position through offset at that price. What is the som of your daily profits over the

week? $($There are $5,000$ bu in a Soybeans futures contract.$)$ Round your answer to the

nearest dollar.

Your Answer:

Answer