You Purchased a Futures Contract on Oats at a Futures

question 67

Multiple Choice

You purchased a futures contract on oats at a futures price of 233.75 and at the time of expiration the price was 261.25.What was your profit or loss?

• A)$1375.00
• B)-$1375.00
• C)-$27.50
• D)$27.50
• E)None of the above

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