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Suppose that you sold a futures contract for $3.75 per bushel and the contract ended at $3.60 after several days of closing prices of $3.80,
Suppose that you sold a futures contract for $3.75 per bushel and the contract ended at $3.60 after several days of closing prices of $3.80, $3.70, $3.65, $3.70, $3.65, and $3.60. What would the mark to market sequence be? (Cash flow per bushel, in $.)
A. -0.05, 0.10, 0.05, -0.05, 0.05, 0.05
B. .05, -0.10, -0.05, 0.05, -0.05, -0.05
C. -0.05, 0.05, 0.10, 0.05, -0.09, -0.15
D. 0.05, -0.05, -0.10, -0.05, -0.09, -0.015
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