You Buy 20 Corn Futures Contracts When the Futures Price

question 40

Multiple Choice

You buy 20 corn futures contracts when the futures price is $3.67 per bushel (each contract is for 5,000 bushels) .If you eventually settle the contract at $3.78,what is your profit?

• A) $11,000
• B) $13,000
• C) $9,500
• D) $15,000

---

Definitions:

HIV/AIDS Information

Knowledge about the Human Immunodeficiency Virus (HIV) and Acquired Immune Deficiency Syndrome (AIDS), including transmission, prevention, and treatment options.

Barriers

Obstacles that hinder or prevent individuals from accessing certain services, achieving goals, or making progress.

Addictions Counseling

A therapeutic process aimed at helping individuals overcome dependence on substances or addictive behaviors.

Adequate Childcare

Childcare services that meet established standards of quality and safety, providing an environment conducive to children's development and well-being.