What Is the Difference in the Value of One November

question 64

Multiple Choice

What is the difference in the value of one November heating oil contract between this day's opening and closing prices?
$\begin{array}{llll}\text { Contact } & \text { Open } & \text {High} & \text { Low}& \text { Close}\\\text { Nov, Heating oil, 42,000 gal, \$ }&3.6703& 3.7489 &3.6652& 3.7342& \\\text { and cents/gal}\\\text {Nov, Crude oil, 1,000 bbls, \$ and }&\text {122.71} &124.50 &122.70 &124.40 \\\text { cents/bbl}\end{array}$

• A)$6.39
• B)$24.948
• C)$2,494.80
• D)$2,683.80
• E)$5,940.00

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