What Price Will Be Used for This Day for the Mark

question 47

Multiple Choice

What price will be used for this day for the mark to market per pound on December cotton?
$\begin{array}{lrr}&\text { Contract } & \text { High }& \text { Low }& \text { Close}& \text { Chg }\\\text { May, Coffee, }& 37,500 \text { lbs., cents } & 138.00& 135.50 & 137.15 & 2.20\\ \text { per I b } &\\\text { Dec, Cotton, }&\text { 50,000 lbs., cents } & 80.59 & 78.85 & 80.63 & .27\\ \text {per I b } &\\\end{array}$

• A)$.7885
• B)$.8063
• C)$78.85
• D)$80.59
• E)$80.63

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