Use the Following Soybean Futures Quotes to Answer This Question

question 63

Multiple Choice

Use the following soybean futures quotes to answer this question:

-Julie was lucky enough to purchase two September 08 futures contracts on soybeans when the contracts were at the lowest price of the day.What is Julie's total profit or loss as of the end of the day?

• A) $25.00
• B) $50.00
• C) $60.00
• D) $250.00
• E) $260.00

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Informative

Pertaining to or providing information; educational or enlightening.

Advertising

The activity of producing and placing promotional materials in various media channels to communicate to the public about products, services, or brands.

Paid

Refers to content or services that are monetized, requiring payment by the user or client.

Nonpersonal

Communication or interaction that lacks personalization, usually in reference to mass media or advertising messages.