Last Week, You Purchased Three November 08 Soybean Futures Contracts

question 33

Multiple Choice

Last week, you purchased three November 08 soybean futures contracts when the price quote was 1302΄6. What is your current profit or loss on this investment?

• A) -$3,150.00
• B) -$2,625.00
• C) -$30.00
• D) $987.50
• E) $3,750.00

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