Use the following wheat futures quotes to answer this question Price cents and 1

Question

Use the following wheat futures quotes to answer this question Price cents and 1/8ths per bushel Prev Exp Last Open High Low Close Settle Settle 08 Mar 1093'2 1093'2 1093'4 1093'2 1093'2 1093'21063'0 08 May 1109'4 1109'6 1109'6 1109'2 1109'4 1109'4 1080'2 18) By how much did today's settlement price per bushel for the Mar 08 wheat futures contract increase over the prior day's settlement price? A) $0.3020 B) S0.3025 C) $30.20 D) $30.25 E) $30.50 19) What are the lowest and highest prices per bushel at which the March 08 wheat futures contract sold today? A) $10.9320; $10.9340 B) S10.9325; $10.9350 C) $10.6300; $10.9320 D) $10.6300; $10.9340 E) $10.6300; $10.9350

Explanation / Answer

18) Answer : A) $0.3020

=> 10.932 - 10.630 = $0.3020

19) Answer : A) $10.9320 , $10.9340

=> as given in the table

Related Questions

Navigate

• Browse (All)
• Browse U
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.