Refer to the table above. Suppose you sell six September 2008 silver futures contracts on June 25, 2008, at the last price of the day. Required: (a) What will your profit or loss be if silver prices turn out to be $12.09 per ounce at expiration? (Click to select) (b)What if silver prices are $11.23 per ounce at expiration? (Click to select) TABLE 23.1 Sample Wall Street Journal Futures Price Quotations SOURCE Reprinted by permission of The Wall Street Journal 2008 Dow Jones & Company, Inc., June 26, 2008 All Rights Reserved Worldwide. Aug -244 77.389 June 19.016 Aug From Platinum to Orange Juice: Futures Contracts Commodity futures prices, including open interest, or the number of contracts outstanding. Nearby-month contracts are listed first. Most-active contracts are also listed, plus other notable months. KEY TO EXCHANGES: CBT: Chicago Board of Trade CME: Chicago Mercantile Exchange CMX: Comex, KC Kansas City Board of Trade MPLS: Minneapolis Grain Exchange ICE-US: ICE Futures USNYM New York Mercantile Exchange or Nymer Metal & Petroleum Futures Contact Dior High Nb Low Che Open Seite interest Opet High Nite Low Sectie che interest Wheat MPLS)-5.000 bucats per bu July 1095.00 1132.00 1028,00 1129.25 44.25 1175 Copper-High (CMXO-25.000 lbs. cents per lb. June 382.30 382 30 37650 378.55 392 Dec 1.50 1011.00 03025 1006.00 25.00 17,377 Sept 377.70 381.90 372 80 377.30 -1.35 58.200 Cattle-Feeder (CME) 50.000 lbs cants Dw Gold (CMX) 100 troy or stry Aug 113.700 113.725 112.025 112.550 - 925 18.981 June 114.600 115.000 Sept - 550 88360 883.80 5.426 676.50 380.00 113.925 114.250 177 -9.29 Aug 391.70 892.90 875 20 882.30 -9.39 250.982 Cattle-Live (CME) 40.000 sents els Dec 900.70 901.30 884,80 891.70 -9,4) 57,364 June 97.500 93.250 A 97.075 98.050 350 3.156 Feb/09 902.00903.90 892.00 896.80 -9.4) 15.816 Aug 104.575 105.000 103.550 104.400 - 275 Jun 908.00 913.00 146.163 90000 907.30 -9.5) 13.366 Dec 920.00 92120 918.60 925.10 -9.5) 13.084 Hogs-Lean (CVE) 40,000 lbs. cents per Juli 74.850 74900 73.500 73.900 -1.000 16.180 Platinum (NYM-50 troyes, Sperry 75850 75.950 73.725 74.000 1.500 84252 July 2026.90 202940 1994 10 2013.50 -11.5) 4841 Oct 2020.10 2035.90 2001.10 2019.30 -12.23 10.110 Pork Bellies (CME)-40.000 its cents per b. July 72.400 73.300 70.00 70.750 -1.600 944 Silver (CMX)-5.000 troy, onts per troy oz. Aug 73.500 74.000 71.200 21.500-2.225 1.252 June 1648.9 -123 Sept 16780 1693.0 1656.0 16607 -13.2 46.089 Lumber (CIE)-110,000 n. ft. $ per 1.000 d. ft. 243.00 243.80 240.60 24160 -90 2.806 Crude Oil, Light Sweet (NYM) 1,000 bis per bal Sept 252.10 255.00 252.10 258.60 - 30 8383 137.07 13758 131.05 134.55 319.370 Sept 137.59 138.05 13251 135.08 147.684 Milk (CME). 200.000 lbs. cents per Oct 137.43 13622 13285 135.33 -233 20.20 20.20 20.20 20.20 3.518 Dec 137.73 138.30 13310 135.42 -2.15 19.25 19.44 1911 1938 11 4304 Deco 135.88 136 15 131.97 134.24 -1.92197.626 COCO (ICE-US) 10 metric tons perton Dec 10 135.25 135.25 13100 133.04 -1.8) 68,038 July 3.205 1.230 3.180 3,200 -30 183 Heating Oil No. 2ONYM) 2.000 $ per al Sept 3.147 3.150 3.085 3,122 -25 93277 July 3.8166 3.8374 36870 3.7492 - 0541 22.596 Aug Coffee (ICE-US) 37,500 is, cants 3.844) 3264S 3.7104 3.7746 0673 55.347 July 146.50 148.25 144.95 147.0 1.79 Gasoline NY RBOB ONYM)-42.000 gal 5 pergal Sept 149.15 151.50 14760 150.35 86.779 July 3.4624 34691 3.3255 3.3941 -0694 29.589 Aug 3.4730 3.4810 3.3464 3.4069 -0661 72954 Sugar-World CE-US)-112.000 10 cents July 11.61 1161 11.17 1148 - 08 46.172 Natural Gas NYM-10.000 tu. Ser MMBU Oct July 12.69 12.84 12.32 12.45 13.027 13.027 12.654 12.753 - 251 376,700 Aug 13.139 13.139 12.754 12.046 146.817 Sugar-Domest OCE-US)-112,000 lbs: onts per Sept 13 185 13.185 12 805 12.920 - 263 39.332 Sept 22.30 22.35 22.30 22.37 2138 Oct 13.156 13.166 12.892 13.010 - 253 77.620 Jan 09 14.000 14.000 13.725 13.140 -243 59499 Cotton (ICE-US)-50,000 bs. cents per i April 11.500 11527 11.358 11.434 5134) July 12.43 73.94 7L0 72.98 .79 934 Dec 30.10 11.36 78.81 81.08 .55 164 363 Agriculture Futures Orange Juice CE-US)-15.000 lbs. cents perib Corn(CBT)-5,000 bucents per tu 109.70 109.80 108.30 108.55 -140 3.805 July 7.1.0073100 -95 708.50 790.00 1750 Sept 113.40 113.70 102,441 112.20 112.30 18.274 Dec 745.75 766.00 742.75 765.00 175) 576.930 Ethanol (CT)-20,000 Interest Rate Futures July 285 286 2.83 285 Aug 285 286 2.82 294 Treasury Bonds (CBT) $100.000 Pts 32nds of 2006 295 291 Sept 110-093114-125 113-040 115-310 -50 871219 Oats (CBT) 5.010 bu; cents per bu Dec 12.250 113.050 112.060 112-310 248 July 418.25 42925 41000 426.50 6.5) Dec 1.265 Treasury Notes (CBT) $100,000 ots 32 of 100% 148.50 460.50 448.25 458.00 7.53 Sept 113-015 113.030 112.025 112-290 -50 1877.919 Soybeans (CBT) 5.000 bucants per bu July 1500.00 153950 1491.00 1537.50 36.53 45.293 5 Yr. Treasury Notes (CBT)-S100.000. Dis 32nds of 100 1491.00 1527.00 1480.50 1525.00 3403248557 June 110000110-060 109-207 110-057 21.997 Sept 209-210 109-235 109-020 109-205 1,547 318 Soybean Meal (CBT) 100 tons perto July 400.10 411.00 399.00 410.20 8.93 32,151 2 Yr. Treasury Notes (CBT)-$200,000. As of 10% Dec 386.50 395 50 384.30 396.20 8.9) 72.197 June 105-175 105-217 105-127 105-215 3.2 9.415 Sept Soybean Oil (CBT)-40.000 its cents per 105-022 105-075 104-265 105-06 3.7 1.001.945 July 62.98 6600 6168 6421 1.11 30.884 30 Day Federal Funds (CBT)-$5.000.000 100-daily ang Dec 64.70 65.00 63.45 65.48 1.11 102.981 pune 97.995 98.005 97.990 98.000 005 66.763 Aug Rough Rice (CBT)2.000 dwt. cents ser cut 97.915 97.40 97860 97.920 005 160.175 July 1954,00 1967 50 1912.00 1946.00 41.00 4.104 1 Month Libor (CME-$3.000.000, pts of 2005 Sept 1896.50 1900.00 1850.00 1886.00 -390) 974450 974775 97.4350 97.4775 .0325 19.783 Wheat (CBT)-5.000 bucents per bu Aug 973150 97 3500 97 3100 97.3500 0150 10.025 July 869.25 912.00 BW.50 901.75 31.75 40.79 Eurodollar CME) $1,000,000 of 100 Sept 887.00 929.75 BB4.25 920.25 155.662 July 97.0850 97 1525 97.6700 97.1350 0490 120.800 Wheat KO 5,010 bu, cents per bu Sept 968950 96.9600 96 8100 96.9450 0500 1.467.897 July 908.50 94800 905.00 938.25 28.75 20.950 Dec 965850966500 96.4650 96.6250 0500 1.561514 Sept 924.00 963.00 920.00 9545 30.03 36.793 March 0996.3900 % 4650 96.2500 46,4400 0600 1.253.512 Ally Now $575MY 3223