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Saved Help Save & Exit Look at the futures listings for corn in Eigure 2.11 Suppose you buy one contract for December 2017 delivery at
Saved Help Save & Exit Look at the futures listings for corn in Eigure 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 $3.9 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.) Profit Loss nces 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 3.9 150 4.0025 3.6075 3.6725 3.7475 3.8525 3.9475
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