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Use the following soybean futures quotes to answer this question Soybeans: 5,000 bushels, cents and ths of a cent per bushel Exp Net Chg Last

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Use the following soybean futures quotes to answer this question Soybeans: 5,000 bushels, cents and ths of a cent per bushel Exp Net Chg Last 08 Sep 13140 OB Nov 12852 Open 1340'2 1306'0 High 13406 1312'2 LOM 131314 12800 Settle 13140 12852 +42 Julle was lucky enough to purchase three September 08 futures contracts on soybeans when the contracts were at the lowest price of the day. What is Julie's total profit or loss as of the end of the day! Multiple Choice o $25.00 $50.00 $75.00 $250.00 $200.00

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