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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 23.1 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 23.1 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.) -1.25 -1.25 500,405 346,739 -50 4.155 3.00 3.027 -8.25 248,998 210.368 - 7.75 -2.80 126,399 122.484 -2.70 -.02 123.991 118,319 May -.03 Agriculture Futures Corn (CBT)-5,000 bu; cents per bu. March 369.50 372.75 367.50 369.50 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: $ 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 34.96 35.26 34.76 34.95 Rough Rice (CBT)-2,000 cwt; $ per cwt. March 953.00 960.50 942.00 947-50 May 978.50 984.50 968.00 972.50 Wheat (CBT)-5,000 bu.; cents per bu. March 430.50 444.00 429.50 443-50 May 442.00 455-50 440.75 455.25 Wheat (KC)-5,000 bu; cents per bu. March 440.25 451.75 438.25 451.25 July 465.25 475.25 462.75 475.00 Wheat (MPLS)-5,000 bu; cents per bu. March 557.50 569.50 556.00 568.50 May 556.75 567.00 555-50 566.50 Cattle-Feeder (CME)-50,000 lbs.; cents per lb. March 122.525 123 800 121.900 123.625 April 123.250 124.200 122.450 124.050 Cattle-Live (CME)-40,000 lbs; cents per lb. Feb 117.250 117.750 116.775 117.650 April 115.000 115.175 114.125 114.8.25 Hogs-Lean (CME)-40,000 lbs, cents per lb. Feb 73.900 74.500 73.550 74.225 April 72.125 72.250 70.625 70.775 -8.00 9.388 -8.50 2.516 11.00 179,982 11.75 137.497 9.25 71,740 69.377 8.50 11.00 24.788 9.25 29.537 1.325 19.575 10.511 1.075 17.410 .875 .075 144.593 .875 14.671 104.603 - 950 Suppose you purchase a May 2017 oats futures contract on this day at the last price of the day. Use Table 23.1 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.) -1.25 -1.25 500,405 346,739 -50 4.155 3.00 3.027 -8.25 248,998 210.368 - 7.75 -2.80 126,399 122.484 -2.70 -.02 123.991 118,319 May -.03 Agriculture Futures Corn (CBT)-5,000 bu; cents per bu. March 369.50 372.75 367.50 369.50 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: $ 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 34.96 35.26 34.76 34.95 Rough Rice (CBT)-2,000 cwt; $ per cwt. March 953.00 960.50 942.00 947-50 May 978.50 984.50 968.00 972.50 Wheat (CBT)-5,000 bu.; cents per bu. March 430.50 444.00 429.50 443-50 May 442.00 455-50 440.75 455.25 Wheat (KC)-5,000 bu; cents per bu. March 440.25 451.75 438.25 451.25 July 465.25 475.25 462.75 475.00 Wheat (MPLS)-5,000 bu; cents per bu. March 557.50 569.50 556.00 568.50 May 556.75 567.00 555-50 566.50 Cattle-Feeder (CME)-50,000 lbs.; cents per lb. March 122.525 123 800 121.900 123.625 April 123.250 124.200 122.450 124.050 Cattle-Live (CME)-40,000 lbs; cents per lb. Feb 117.250 117.750 116.775 117.650 April 115.000 115.175 114.125 114.8.25 Hogs-Lean (CME)-40,000 lbs, cents per lb. Feb 73.900 74.500 73.550 74.225 April 72.125 72.250 70.625 70.775 -8.00 9.388 -8.50 2.516 11.00 179,982 11.75 137.497 9.25 71,740 69.377 8.50 11.00 24.788 9.25 29.537 1.325 19.575 10.511 1.075 17.410 .875 .075 144.593 .875 14.671 104.603 - 950

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