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Suppose you purchase a May 2017 oats futures contract on this day at the last price of the day. Use Table 231 What will your

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Suppose you purchase a May 2017 oats futures contract on this day at the last price of the day. Use Table 231 What will your profit or loss be if oats prices turn out to be $2.354 per bushel at expiration? (Do not round intermediate calculations. Enter your answer as a positive value and round your answer to 2 decimal places, e.g., 32.16.) .020 79,570 .020 93,442 369-50 -1.25 500,405 346,739 -1.25 -50 4,155 July 3-385 3-413 3.350 3.380 Oct 3-385 3.423 3-358 3.392 Agriculture Futures Corn (CBT)-5,000 bu; cents per bu. March 372.75 367-50 369.50 May 377.25 380.25 375.25 377.25 Oats (CBT)-5,000 bu; cents per bu. March 256.00 257.50 250.00 254.50 May 248.25 254.00 246.00 253.00 Soybeans (CBT)-5,000 bu; cents per bu. March 1057.00 1061.50 1045.00 1050.50 May 1067.25 1071.50 1055-50 1061.50 Soybean Meal (CBT)-100 tons; S per ton. March 340.70 341.60 335.90 338.40 May 344.80 345.80 340.10 342.60 Soybean Oil (CBT)-60,000 lbs; cents per lb. March 34.67 34.98 34.47 34.67 3.00 3,027 -8.25 248,998 -7.75 210,368 |--2.80 126,399 122,484 -2.70 -.02 123.991

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