decimal places
Question Corn 5,000 bushels Contract MonthOpenHighLowSettleChgOpen Int Mar455.125457.000451.750452.000−2.750597,913 May467.000468.000463.000463.250−2.750137,547 July477.000477.500472.500473.000−2.000153,164 Sep475.000475.500471.750472.250−2.00029,258 Suppose you buy 21 of the September corn futures contracts at the last price of the day. One month from now, the futures price of this contract is 463.125, and you close out your position. Calculate your dollar profit on this investment. (Negative amount should be indicated by a minus sign. […]