Solved

What Was the Price Per Pound of December Cotton at the End

Question 37

Multiple Choice

What was the price per pound of December cotton at the end of this trading day?
 Contract  High  Low  Close Chg  May, Coffee, 37,500 lbs., cents 138.00135.50137.152.20 per I b  Dec, Cotton,  50,000 lbs., cents 80.5978.8580.63.27per I b \begin{array}{lrr}&\text { Contract } & \text { High }& \text { Low }& \text { Close}& \text { Chg }\\\text { May, Coffee, }& 37,500 \text { lbs., cents } & 138.00& 135.50 & 137.15 & 2.20\\ \text { per I b } &\\\text { Dec, Cotton, }&\text { 50,000 lbs., cents } & 80.59 & 78.85 & 80.63 & .27\\ \text {per I b } &\\\end{array}


A) $.7885
B) $.8036
C) $.8059
D) $.8063
E) $.8090

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents