Use the Following Soybean Futures Quotes to Answer This Question

question 29

Multiple Choice

Use the following soybean futures quotes to answer this question.

-Last week,you purchased four November 08 soybean futures contracts when the price quote was 1300΄6.What is your current profit or loss on this investment?

• A) -$3,100.00
• B) -$2,625.00
• C) -$31.00
• D) $987.50
• E) $3,350.00

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Definitions:

Anorexics

Individuals who suffer from anorexia nervosa, a serious eating disorder characterized by self-starvation and excessive weight loss.

Bulimics

Individuals who suffer from bulimia nervosa, an eating disorder characterized by episodes of binge eating followed by purging.

Middle-Class

A social, economic, or cultural class that falls between the working class and the upper class, typically associated with moderate income, education, and professional jobs.

Young

Used to describe individuals in the early stages of life, often implying a lack of maturity, experience, or age.