Use the Following Wheat Futures Quotes to Answer This Question

question 7

Multiple Choice

Use the following wheat futures quotes to answer this question.

-What are the lowest and highest prices per bushel at which the March 08 wheat futures contract sold today?

• A) $10.9320; $10.9340
• B) $10.9325; $10.9350
• C) $10.6300; $10.9320
• D) $10.6300; $10.9340
• E) $10.6300; $10.9350

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Definitions:

Revenue Forecasts

Predictions about the amount of money a company is expected to generate in future periods through sales or other income.

Large Projects

Significant endeavors undertaken by businesses or governments, characterized by large investment, significant complexities, and long durations, often involving infrastructure or technology.

Accounting Income

Accounting income is the net profit of a company, calculated according to generally accepted accounting principles (GAAP), and includes all revenues and expenses.

Incremental Cash Flows

These are the additional cash flows from operations that a business generates from taking on a new project.