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You Own Four November Crude Oil Futures Contracts A)$356,200
B)$363,600
C)$416,400
D)$445,500
E)$495,600

question 23

Multiple Choice

You own four November crude oil futures contracts. What is the settlement value of those contracts at the end day?
 Contract  Open  High  Low  Close  Nov, crude ail, 1, gad 123.01124.3122.93123.90 bbls. $ and cents/bbl \begin{array}{l}\begin{array} { l l c c c } \text { Contract } & \text { Open } & \text { High } & \text { Low } & \text { Close } \\\text { Nov, crude ail, 1, gad } & 123.01 & 124.3 & 122.93 & 123.90\end{array}\\\text { bbls. \$ and cents/bbl }\end{array}


Definitions:

Common Fate

A principle in Gestalt psychology stating that elements moving in the same direction are perceived as more related than elements moving in different directions or stationary.

Good Continuation

Good continuation is a principle in Gestalt psychology that describes the tendency for the human visual system to perceive connected lines and patterns as continuing in a smooth, uninterrupted direction.

Proximity

The principle suggesting that objects that are physically close to each other tend to be perceived as belonging together.

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