What Is the Closing Value of One December Futures Contract

question 100

Multiple Choice

What is the closing value of one December futures contract on wheat?
$\begin{array}{llll}&\text { Contact } & \text { Open } & \text {High} & \text { Low}& \text { Close}\\\text { Dec. Corn. }&\text { 5,000 bu, cents/bu } & 620.50 & 623.50 & 613.00 & 617.00\\\text { Dec. Wheat, }&\text { 5,000 bu, cents/bu } &750,00 &766.00 &745.00 & 752,00\end{array}$

• A)$3.76
• B)$376.00
• C)$37,600
• D)$376,000
• E)$3,760,000

---

Definitions:

Capability

The quality or ability of having the potential or capacity to achieve or accomplish something.

Taste and Smell

Sensory systems responsible for detecting flavors and scents, playing a critical role in human perception and experience.

Vision

Vision refers to the ability to see, the act of envisioning future possibilities, or a mental image of what the future could or should be like.

Perception

The sorting out, interpretation, analysis, and integration of stimuli involving the sense organs and brain.