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Suppose you sold one contract of Corn futures at $4 per bushel (5000 bushels per contract). The futures prices in the next four days were

Suppose you sold one contract of Corn futures at $4 per bushel (5000 bushels per contract). The futures prices in the next four days were $4.01, $3.98, $3.99 and $4.02. What is your mark-to market sequence of cash flow per bushel?

a) -0.01, 0.03, -0.01, -0.03

b) 0.01, -0.03, 0.01, 0.03

c) -0.01, 0.02, 0.01, -0.02

d) 0.01, -0.02, -0.01,0.02

e) 0.10, 0.06, 0.02, -0.03, -0.08

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