A Corn Futures Contract Closed Yesterday at a Price of $3.90

question 81

Multiple Choice

A corn futures contract closed yesterday at a price of $3.90 a bushel. The maximum daily price range is $0.70 and the daily price limit is $0.35. Therefore, the

• A) highest closing price for today is $4.25 a bushel.
• B) most the price can fluctuate today is $0.35 a bushel.
• C) minimum change in the price today is $0.35 a bushel.
• D) lowest closing price for today is $3.55 a bushel.

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The science or practice of farming, including cultivation of the soil for the growing of crops and the rearing of animals to provide food, wool, and other products.

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