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Suppose the last settlement price for oats is 2752. What is the lowest price for which an oats contract can be quoted and what is
- Suppose the last settlement price for oats is 2752. What is the lowest price for which an oats contract can be quoted and what is the highest price?
- (4 pts question 8) Suppose you buy a futures contract for silver where you promise to pay 15.375 per Troy ounce in 4 months. In 4 months, the spot price is 15.54 per Troy ounce. What are your total gains or losses? (not the gains or losses per Troy ounce9.
- Suppose the spot price after 4 months for the scenario in question 8, is 15.12 per Troy ounce. What are your gains or losses?
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