Suppose you purchase the June 2014 call option on corn futures with a strike price of $5.00 at the last price of the day. UseTable 23.2

How much does your option cost per bushel of corn?(Do not round intermediate calculations. Round your answer to 5 decimal places, e.g., 32.16161.)

Option cost$per bushel

What is the total cost of your position?Assume each contract is for 5,000 bushels.(Do not round intermediate calculations and round youranswer to 2 decimal places, e.g., 32.16.)

Total cost$

Suppose the price of corn is $4.94 per bushel at expiration of the option contract. What is your net profit or loss from this position?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.Enter your answeras a positive value.)

(Click to select)

Loss

Profit

$

What is your net profit or loss if corn futures prices are $5.23 per bushel at expiration?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.Enter your answeras a positive value.)

(Click to select)

Loss

Profit

$

Corn Options Quotes View another product Globex Quotes Belllements Volume Time & Sales Contract Specs Marcens Calendar Globox Open Outcry Globex Open Outcry Futures Fines Options Auto Refresh is ( ON Market data is delayed by at least 10 minutes Charts Sellla Jul 2014 14 34 42 CT 00 May 2014 Type: American Options Expiration Jun 2014 Strike Range. At The Money CALLS PITS Law 14:30 08 CT 18 CT OR MEY 09 May 1430 00 CT Ha 2010 74b 1.581 CT 502 320b 2014 2014 14:30-90 142008 CT CT CO MEY 154a ME Limit 2014 201 14:30 00 CT 09 May Limit 710 236b 137 128 52b Lime 09 Mar 2014 2014 14:30-00 CT 1 804 CT On May Lit Lin 2014 2014 14:30 00 CT 1.822 CT 09 May Limb 104 LITE DO May 2014 2014 14:30:00 140 CT 20 May Limit I10 1.345 Lim DO Mar 1430 00 CI CI Lint LITE 2014 2014 14:30 00 1430 0 CT 320 8310 270 41532 120 0 212 8 135 CT DO Map 14:30 00 14 30ON CT 640 249 9 184 195 8 CT LITE 2014