By How Much Did One September Futures Contract on Wheat

question 68

Multiple Choice

By how much did one September futures contract on wheat vary during today's trading?
$\begin{array}{llll}&\text { Contact } & \text { Open } & \text {High} & \text { Low}& \text { Close}\\\text { Dec. Corn. }&\text { 5,000 bu, cents/bu } & 620.50 & 623.50 & 613.00 & 617.00\\\text { Dec. Wheat, }&\text { 5,000 bu, cents/bu } &804,00 &810.00 &798,50 & 801,00\end{array}$

• A)$.115
• B)$1.15
• C)$11.50
• D)$115.00
• E)$575.00

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Definitions:

Organization

Organization refers to a structured group of people with specific roles and responsibilities working towards common goals, or the act of arranging elements in a systematic way.

Collectivism

A cultural value that emphasizes the importance of the group over individual goals and the interdependence of members within a society or organization.

Labeling People

The act of categorizing individuals based on characteristics, traits, or behaviors, often leading to stereotypes and biases.

Forming Coalitions

The act of uniting into a group or alliance, often with a shared goal or purpose, to increase collective power or influence.